RE: Down 3.2%5 Feb 2026 20:22
From 2011 to 2023 central governments globally were not gold buyers, that’s another shift that is driving the gold price. And why it’s different now compared to that period. Since the Russian invasion gold has seen a change of sentiment and now that sentiment is snowballing. Also hard assets are hard to print, and they are being strategic especially since China doesn’t like to export but they’ll take all the imports they can. Gold, silver, copper, platinum, palladium, etc are all booming as a result of this change. I cannot see a repeat of 2011 to 2023 as this time is very very different.