A change in central bank attitudes to gold
By GCRU Gold News on Sunday, September 23 2018, 11:53 - Permalink
This is a major structural change in global central bank attitudes towards gold after decades of selling. Clearly the policy shift to maintaining stable gold holdings reflects broad central bank concerns about financial markets and geopolitics. With little in the current global economic and political environment to support any reason to change in this conservative position, it should provide long-term underlying support to gold prices.