Central Banks

In spite of its current high price, gold still has good prospects, according to Banque de Luxembourg Investments CIO Guy Wagner. And European equities look more attractive than in the US, given the gap in valuations.

The gold price has recently achieved a historic peak, and anticipations suggest that additional records may be established throughout the current year. John Reade, Chief Market Strategist of the World Gold Council, elaborates on the evolution of gold demand, a key factor influencing the metal's price.