Video News/Market Analysis

Jeremy Szafron, Anchor at Kitco News, interviews Joe Cavatoni, Market Strategist for North America at the World Gold Council, discussing the latest trends in the gold market. They examine a 4% increase in global gold demand for Q2 2024, despite OTC and jewelry demand declines. Cavatoni explains the critical role of central bank buying, particularly from emerging markets, and the potential impact of Fed rate cuts on gold prices. They also delve into the effects of U.S.-China trade tensions, the significance of geopolitical risks, and the importance of gold as a portfolio diversifier in an uncertain economic landscape.