Why Gold Could Reach 5,000
Standard Chartered’s Suki Cooper joins Bloomberg Open Interest to explain why gold could resume its climb toward 5,000. She says central-bank demand, geopolitical uncertainty, and portfolio diversification remain powerful supports,...
By Bloomberg Markets · Bloomberg Markets
Standard Chartered’s Suki Cooper joins Bloomberg Open Interest to explain why gold could resume its climb toward 5,000. She says central-bank demand, geopolitical uncertainty, and portfolio diversification remain powerful supports, while recent price resilience suggests gold has established a durable floor despite higher yields and weak ETF positioning. (Source: Bloomberg)