Why Gold Demand Could Pick Up in April
Kitco’s Gold Game Film returns this week with host Daniela Cambone and Frank Holmes. Daniela notes that gold demand has been a bit subdued in Asia recently, asking Frank what kind of opportunities he sees on the horizon for the precious metal. Frank says the Love Trade will be the main focus with the start of Indian wedding season in mid-April. He notes that there is usually a buildup between now and then when it comes to gold consumption and purchases in the country.
Frank also talks to Daniela about the 2-percent drop in gold we saw last week due to strong jobs data, and what this might mean in terms of the Federal Reserve’s next actions. Tune in to the full replay below.
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