Goldman's Currie Sees 'Perfect Storm' for Gold

Goldman's Currie Sees 'Perfect Storm' for Gold

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Interactive Video

Business

University

Hard

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The video discusses the factors driving the current high demand for gold, highlighting three main aspects: strong investor demand due to inflation concerns, central bank purchases influenced by geopolitical factors, and robust physical demand from countries like China and India. The video also notes that central bank demand is at an all-time high, and investor demand is expected to increase significantly. The overall demand is the strongest since 2010-2011, with a target price of $2500 for gold, suggesting a potential $500 increase.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the physical demand for gold from countries like China and India?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the target price for gold mentioned in the text, and what does it suggest about future prices?

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