Gold is still considered a safe haven when China's economy does not recover as strongly as expected, and the US is sliding to the brink of recession.
The World Gold Council (WGC) just surveyed 59 central banks and found that 24% of them plan to buy gold within the next 12 months. The reasons are high inflation, geopolitical uncertainty and interest rate worries.
The World Gold Council (WGC) just surveyed 59 central banks and found that 24% of them plan to buy gold within the next 12 months. The reasons are high inflation, geopolitical uncertainty and interest rate worries.
