St. Barbara CEO Vassie Sees Gold in Comfortable Range

The video discusses the current state of the gold market, highlighting its range-bound nature and low volatility. It explores the impact of Federal Reserve rate hikes on gold prices, noting that despite these hikes, gold maintains a higher base. The discussion also touches on geopolitical and structural issues, suggesting that while geopolitical tensions are short-lived, structural changes could influence gold's role in investment portfolios. The video concludes with an analysis of gold demand and supply, noting a shift from jewelry to investment demand and the challenges posed by deeper, lower-grade mines.

What has been the recent trading range for gold prices?

• 14,000 to 15,000

• 12,000 to 13,000

• 16,000 to 17,000

• 10,000 to 11,000

How did the first Fed rate hikes affect gold prices?

• Gold prices increased above 1500 US

• Gold prices remained stable

• Gold prices dropped below 1100 US

• Gold prices surged to 2000 US

What is the outlook for gold in investment portfolios?

• Gold is expected to decrease in value

• Gold is seen as a positive addition

• Gold is considered too volatile

• Gold is not recommended for portfolios

What has overtaken jewelry demand in the gold market recently?

• Industrial demand

• Investment demand

• Central bank demand

• Consumer electronics demand

What challenge does the gold supply face?

• Excessive gold reserves

• Deeper and lower-grade mines

• Decreasing demand

• Increasing mine grades