Why central banks buy gold
Kitco Commentaries | Opinions, Ideas and Markets Talk
Featuring views and opinions written by market professionals, not staff journalists.
CPM Group's Jeffrey Christian discusses how central banks buy and sell gold, and their policies related to the precious metal. He then discusses gold’s role as a monetary reserve asset and why the dollar value of gold holdings are up sharply. Jeff ends the video with an important Gold and Silver Market update ahead of the FOMC meeting this week.