The weakness in Asian currencies is dampening demand for gold in the region that is traditionally the biggest consumer of gold. Equities may need to fall much further before investors in the developed world start diversifying into gold.
The weakness in Asian currencies is dampening demand for gold in the region that is traditionally the biggest consumer of gold. Equities may need to fall much further before investors in the developed world start diversifying into gold.
If it was a huge one, we would have seen it - they would have had to buy it through several houses. If you're going to sell a large position of gold, people would see you coming and that can hurt you.
© 2020 Inspirational Stories
© 2020 Inspirational Stories