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home / news releases / JJPFF - Strong Global Gold Demand Will Propel Gold Higher

JJPFF - Strong Global Gold Demand Will Propel Gold Higher

iPath Bloomberg Precious Metals Subindex Total Return SM Index ETN

2024-05-29 08:15:00 ET

Summary

  • The Reserve Bank of India has been steadily and consistently accumulating more gold on a monthly basis.
  • Dealers in China are charging $20 to $25 per ounce above the global spot price.
  • According to the World Gold Council, total global demand for gold rose 3% YoY in Q1 2024.

The following commentary is the opening salvo to the May 2nd issue of my Mining Stock Journal....

For further details see:

Strong Global Gold Demand Will Propel Gold Higher
Stock Information
Company Name: iPath Bloomberg Precious Metals Subindex Total Return SM Index ETN
Stock Symbol: JJPFF
Market: OTC
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