Little over a fortnight ago, gold prices topped $3,000 per troy ounce. This was not unexpected.
What tipped the scales was the escalation of the tariff war initiated by the United States led by President Donald Trump and other countries responding in kind.
Gold, which has been the traditional hedge against risks and uncertainty, has found new cause in these troubled times.
Will gold prices continue to rise? Is the demand for gold undergoing a makeover.
To answer all this and more, StratNewsGlobal.Tech spoke to John Reade, Market Strategist for the World Gold Council on Capital Calculus.
Anil Padmanabhan has been a journalist for the last 36 years. He has worked in various capacities in several publications including Afternoon Despatch & Courier, Press Trust of India, Business Standard, Mint and was based in New York for India Today. He was a Nieman Fellow in 2001. He tweets at @capitalcalculus.
