Mined Commodities May Push Higher on Structural Trends: Expert Gold’s recent trading saw a downturn after hitting nine consecutive intraday record highs, influenced by March’s CPI indicating persistently high prices. Francisco Blanch of Bank of America Securities highlighted the significant role of central bank and Chinese retail buying in gold’s surge, attributing it partly to cyclical factors but mainly to a structural trend driven by geopolitical tensions between the West and countries like Russia and China. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts U.S. Crude Oil Tops $79 as DOE Predicts Supply Deficit READ MORE CNA- Money Mind: What's Driving Up Gold Prices Despite A Strong US Dollar & Stock Market? READ MORE Egypt's Bold Move: $1 Billion in Treasury Bills Launched READ MORE Mixed Economic Signals Challenge Fed's Next Move in the Inflation Battle READ MORE Gold Maintains Momentum as Markets Await Crucial US Jobs Report READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment