Overall, gold demand in industry was flat. However, gold used in electronics rose by 2% to 67 tonnes despite concerns about the impact of tariffs on the industry and record gold prices.
Maharrey talked with Juan Carlos Artigas of the World Gold Council, who shared insights from their latest Gold Demand Trends report and what investors should know about gold today.
The US’s dramatic introduction of tariffs is geopolitically driven. Its method is an engineering decision intended to break the old system and open the door for a new one. It created a geopolitical crisis by its engineering.
Walmart’s CFO, in conveying the retailer’s Q1 report, made it crystal clear that Walmart, albeit reluctantly, will be raising a lot of prices and will start doing so quickly