12/06/2023
Young Chinese spurn traditional investments in favour of gold (Reuters)
“Incomes are not really appreciating, real estate is not really appreciating, the stock market is not really appreciating. Gold is a little bit of a unicorn in this environment.”
EV Boom Drives Miner’s $100 Million Hunt for New Palladium Uses (Bloomberg)
Potential uses include products in hydrogen and solar sectors
Gold’s Bold Move to New Closing High (Sprott)
Central banks and sovereign buying have put a floor under gold prices…
