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Standard Chartered highlights healthy official sector demand as Q2 rebound outweighs revised Q1 weakness
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(Kitco News) - Central bank gold demand remains a key pillar of support for the market as prices continue to hold critical support at $4,000 an ounce, and although official-sector demand has become more of a two-way trade as nations deal with inflation and a global energy crisis, one analyst said this scenario supports healthy long-term demand.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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