Record at the RIU Resources Round-up: In this episode, Nicolas Frappell unravels the complexities of global currencies and their relation to gold’s current rally, the nuances of the Federal Reserve’s anticipated rate cuts and how these continue to influence gold.
(1:40) – Myths around the gold market
(7:00) – How much of the rally is Chinese gold buying?
(13:00) – China’s proportion of US dollars hasn't changed
(16:22) – Young women are increasingly buying gold
(20:22) – Options pricing remains magnetic
(26:52) – Key message