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The gold market has seen extraordinary investment need, which has actually driven costs to their highest levels in nine years, but according to one fund supervisor the market still has room to relocate greater.
In a meeting with Kitco Information, Will Rhind, creator and also Chief Executive Officer of GraniteShares claimed that extraordinary central bank financial and government fiscal stimulation measures will certainly continue to drive gold costs to new all-time highs.
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Gold market lacking tourists to create manic rally – GraniteShares
The gold market has seen unprecedented investment demand, which has driven prices to their highest levels in nine years, but according to one fund manager the market still has room to move higher.
In an interview with Kitco News, Will Rhind, founder and CEO of GraniteShares said that unprecedented central bank monetary and government fiscal stimulus measures will continue to drive gold prices to new all-time highs.
__________________________________________________________________
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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Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
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