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The gold price dropped significantly on August 5 as global markets faced volatility, sinking as low as the US$2,375 per ounce mark; however, the precious metal closed the week well above US$2,400 once again.
Diverse factors were at play, but experts have pointed to the yen carry trade as a key element.
This video was filmed on August 8, 2024.
#Investing #StockMarket #Gold
0:00 – Intro
0:18 – GOLD
2:07 – BULLET BRIEFING
3:27 – Outro
Links:
Peter Grandich interview: https://youtu.be/-9hfWU9-ITo
Will Rhind interview: https://youtu.be/ZIkLGepNPh8
Brett Heath interview: https://youtu.be/BHb0Zyu0GtQ
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
