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 Fed's Waller Confirms: U.S. Dollar to Retain Its Global Reserve Currency Status READ MORE SAXO Bank: Gold is Ready to Rise READ MORE Top Financial CEOs Caution Against Complacency in Face of Global Threats READ MORE Gold Prices Stable Amid Rate Cut Expectations READ MORE Evergrande's Liquidation: A Significant Turn in China's Property Crisis READ MORE Add a Comment Cancel replyYour email address will not be published.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