Scandium Canada Ltd. press release

WGC Official Discusses Gold's Price Drivers

2023-08-11

TSXV - TSX Venture Exchange · Scandium · Rare Earth Elements · Gold · Canada · Conferences & Presentations

WGC Official Discusses Gold’s Price Drivers

The World Gold Council’s market strategist and head of Americas Joe Cavatoni recently discussedthe primary drivers of gold prices in the podcast “What Goes Up.” Gold typically sees increased demand during times of political and economic upheaval as investors try to preserve the value of their assets while fiat currencies such as the dollar depreciate.

However, gold prices have trended lower than usual in recent years despite the occurrence of significant economic and political upheavals that...

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