Market Outlook: Gold rebounds near records as central bank buying
BNN Bloomberg
Gold trades near record highs as central bank buying and currency trends support the long-term outlook, with insight on airlines and tech earnings.
BNN Bloomberg spoke with Brooke Thackray, research analyst at Global X Investments Canada, about gold’s outlook, silver’s relative performance, pressures facing Air Canada and expectations for Shopify ahead of earnings.
Read the full transcript below:
ANDREW: Gold has been blasting to new records this year and is holding today. Last time I checked, it was above the US$5,000 level. Are those long-term drivers still in place — so-called currency debasement and the like?
We’re joined by Brooke Thackray, research analyst at Global X Investments Canada. Brooke, thanks very much for joining us.
BROOKE: Thank you.
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