The new gold boom: how long can it last?

Financial Times/Harry Dempsey and Lelie Hook/5-25-2023

“The revival in gold’s fortunes has central bank officials, fund managers and retail investors wondering whether the world is on the precipice of a new gilded period. Some forecasters reckon gold could escalate towards its real record high of nearly $3,300 per troy ounce in today’s dollars, set in 1980…”

USAGOLD note: Financial Times takes a deep dive into what is driving gold demand at present and comes away with conclusions that might come as a surprise to many of our readers……