Jordan Roy-Byrne – Techncial Commentary – Wed 1 May, 2019

Central Bank buying of gold vs GLD inventories – What matters?

Recently there has been a lot of comments made about central banks buying gold. This is obviously being taken as bullish for the gold sector but the price has not reflected this. Jordan Roy-Byrne joins me to weight just how much central bank buying can impact the gold price compared to investment demand like in the GLD.

Click here to visit Jordan’s site – The Daily Gold.