Interview with Market Strategist Joseph Cavatoni from the World Gold Council at PDAC 2024 in Toronto. Demand for gold was very strong in 2023, especially from central banks in developing countries such as China and Poland. This demand is expected to continue in 2024. An additional catalyst for the gold price will be interest rate cuts by the Fed, if they come. Many institutional investors are then likely to buy gold, as gold is not known to pay interest and therefore competes with yielding asset classes such as bonds and equities. Find out more about the work of the World Gold Council: www.gold.org
World Gold Council: Global Demand for Gold Will Drive Prices Up in 2024
16:30 MIN 1.640
Markets:
More Videos in Gold
04:44 MIN
Sierra Madre Gold & Silver: Site Visit at Mexico’s Newest Silver and Gold Producer
14:46 MIN
Amex Exploration: Highly Economic Gold Project in Ontario, Canada, with a 2 Stage Production Plan
20:17 MIN
Mayfair Gold: Developing a Gold Project on the Fast Track to Production in Ontario, Canada
09:38 MIN
Sierra Madre Gold and Silver: Interview at La Guitarra & Insight into the Acquisition of Del Toro
03:18 MIN 4
Gold Royalty Acquires a Royalty on the Copper-Gold Project Pedra Branca in Brazil
06:40 MIN 8
Mining News Flash with Aurania Resources, Uranium Energy and Miata Metals
05:36 MIN
Mining News Flash with Miata Metals, Millennial Potash, Fury Gold Mines and Osisko Development
08:33 MIN
Abcourt Mines: Targeting Commercial Gold Production in 2026 and Ongoing Exploration at Flordin
08:59 MIN
Amex Exploration: Feasibility Study for Very Economic Gold Project in Canada Coming in 2026
07:36 MIN
Abitibi Metals: 45.000m Drill Program in 2026 at their Copper Gold Project in Quebec
21:36 MIN
Revival Gold: CEO on Current Drill Program at Mercur for Pre-Feasibility Study in 2026
08:41 MIN
First Mining Gold: Advancing Two Large Canadian Gold Projects Towards Development
09:03 MIN
Rick Rule: "I am Buying the Most Hated Commodities Now"
07:58 MIN
PTX Metals: Advancing a Polymetallic Project in Ontario, Canada, Towards Development
03:16 MIN
Southern Cross Gold: Approved Shaft Reduces Exploration Costs and Simplifies Access
05:53 MIN
Mining News Flash with Endeavour Silver, Fury Gold Mines and Osisko Development
07:23 MIN
Kingfisher Metals: Exploring a Large Gold-Copper Porphyry Project in British Columbia
10:42 MIN
Minera Alamos: New Management and Target to Become a Mid-Size Gold Producer
09:02 MIN
New Found Gold: CEO on the Merger with Maritime Resources and the Plan to Become a Mid-Tier Producer
14:35 MIN