Thursday: Central bank buying bolster gold
5 in 5 with ANZ - A podcast by ANZ
The Kiwi dollar falls 1.3% after the RBNZ pivots away from rate hike talk. The Aussie dollar is down 0.75% after softer-than-expected inflation data. The S&P 500 is flat ahead of key US inflation data tonight. In our bonus deep dive interview, ANZ Commodities Strategist Soni Kumari explains why central banks are buying more gold, and why it will continue to push the precious metal’s price towards US$2,200/oz by year-end. Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/
