gold, page-127903

Ronald-Peter said a new narrative for gold is the emerging markets which now account for 50% of global gdp, they are inflating a lot and the people there are being paid more and more allowing them to buy gold and that is one of the reasons gold is going up. Ronald-Peter said emerging market gdp is up from 19% in 2010.


The correction in June on the Indian share market caused gold to fall too so I think it's a growing part of gold demand, he said there are still net outflows from the western gold etfs but this may get them interested in gold again.