Video News/This Week In Focus
The real reason gold turned this week, and who is quietly buying | This Week In Focus
Kitco News anchor Jeremy Szafron examines gold’s sharp reversal after its worst quarter in more than 13 years, as prices rebounded above $4,100 following softer jobs data and comments from new Federal Reserve Chair Kevin Warsh. This episode of This Week In Focus looks at what turned the market, why rate expectations shifted, and how weakness in AI and chip stocks helped rotate capital toward defensives and gold. The episode features market views from Rick Rule, Jeff Sarti, and Chris Vermeulen on central bank buying, Western ETF selling, silver, and the miners. Szafron also highlights the gap between spot gold and mining equity valuations, with some miners priced as if gold were near $3,350. The episode previews Kitco’s coverage from Rick Rule’s Natural Resource Investing Symposium in Boca Raton.
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Source: Kitco News
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