Joe Cavatoni: Gold's Next Price Catalyst After Record H1 Performance
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Published 2024-07-15
"I think that what we're looking at in the second half of the year is whether or not the eastern investor, who doesn't really pay much attention to where US rates are, or real rates are in western markets — they're looking at their homegrown investment requirements — will they stay active and actually continue to make that investment into gold in their investment portfolios," he said.
❓What do you think will move the gold price in H2? Tell us in the comments!
This interview was filmed on July 9, 2024.
#Investing #Gold
0:00 - Intro
0:26 - Gold's strong H1 performance
1:54 - Gold looking for a catalyst
5:34 - US banking system concerns
8:34 - Gold price in an election year
10:22 - Central banks still want gold
13:02 - Watching jewelry demand in H2
14:26 - Outro
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