Is April a Gold Buying Opportunity?
Frank Holmes sat down with Daniela Cambone on Kitco News to discuss what's driving gold this month.
Frank Holmes sat down with Daniela Cambone on Kitco News to discuss what’s driving gold this month. The price of the yellow metal has fallen to a 2019 low of $1,270 per ounce and Frank thinks Venezuela’s central bank selling $400 million worth of bullion might have something to do with it. The flood of gold into the market has helped push prices down, but Frank believes it’s just a temporary drop and a good buying opportunity.
For the full story, watch the interview below!
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All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.
The Purchasing Manager’s Index is an indicator of the economic health of the manufacturing sector. The PMI index is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment.
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November 27, 2023Learn More