July 18, 2024
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Gold purchases (in metric tons) by global CBs. The last 3.5 years of purchases are well above the 14 year average – BBG Intelligence data Citi doesn’t rule out gold at $3000 over the next 12-18 mo ———- China, Russia and Turkey will continue to increase gold’s share of reserves. It is more volatile than US government bonds, but it is liquid. It is one of the few assets that are outside the financial system – former chief investment strategist at Bridgewater Associates Gold demand is on track to break records thanks to active central bank buying, which has continued and will continue this year – World Gold Council (WGC) predicts
Gold purchases (in metric tons) by global CBs. The last 3.5 years of purchases are well above the 14 year...
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Jefferies Reaffirms ‘Buy’ Rating on PI Industries with a Target of Rs 4,750
65 / 100 Powered by Rank Math SEO SEO Score Jefferies has maintained its ‘buy’ rating on PI Industries, setting...
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