HomeMarketsFuturesGold Pulls Back Slightly, Strong Demand for Gold Jewelry

Gold Pulls Back Slightly, Strong Demand for Gold Jewelry

I think the markets are reassessing the sense that the Fed was going to be very hawkish, Chief Gold Strategist at State Street Global Advisors, George Milling-Stanley. The four expected rates hikes in 2022 are not enough to fright anybody or to make people worry. According to 2021 full year numbers, the demand for gold jewelry was up 50% worldwide, George explains. Central banks upped their purchases in gold reserves, he adds.

Futures

18 Feb 2022

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