Record Purchases From Central Banks Could Keep Gold Bullish
November 13, 2023 at 09:54 AM EST
Higher-for-longer interest rates may have stumped gold temporarily. But recent geopolitical events have pushed the metal higher as safe haven demand increased. An additional catalyst that’s been keeping the precious metal bullish has been central bank buying. Global investment firms like Morgan Stanley are bullish on gold equities as demand for the precious metal is [...] The post Record Purchases From Central Banks Could Keep Gold Bullish appeared first on ETF Trends .