Joe Cavatoni: Can Gold Rise in H2? 3 Key Factors I'm Watching
With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.
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Joe Cavatoni of the World Gold Council also explains why Q1 central bank gold demand was revised down.
Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, shares key takeaways from the organization's latest quarterly Gold Demand Trends report.
He highlights the yellow metal's resilience at the US$4,000 per ounce level in the face of various price headwinds. Cavatoni also explains the World Gold Council's revision in Q1 central bank demand. First pegged at 244 metric tons, it's now estimated at 57 metric tons.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
