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Need for bars as well as coins are up, but inflation, a crucial driver of gold rates, is unlikely to return until the economy opens, claimed Peter Hug, director of worldwide trading at Kitco Metals.
#gold #trading #finance
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Physical gold demand, premiums rise, so why is price not following? Peter Hug
Demand for bars and coins are up, but inflation, a key driver of gold prices, is unlikely to return until the economy opens up, said Peter Hug, director of global trading at Kitco Metals.
#gold #trading #finance
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.