Growing Gold Demand Leads to Delinking from Traditional Relationships

July 8, 2024 10:05:00

The price of gold this year has increased significantly, even going as far as to record new highs in May. The precious metal has continued defying conventional market correlations with equity markets and the U.S. dollar, as investors in America increase their physical buys.

During this period, we have also observed steady demand of gold from China and strong purchases from central banks as well. Customs data from…

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