Currently viewing Global edition

Central banks rediscover gold

Central banks are blamed for a lot of the world’s ills, either when they’re driving interest rates down, or when they’re raising rates, but there is one commodity showing the benefits of central bank activity -- gold.

Central banks rediscover gold Central banks rediscover gold Central banks rediscover gold Central banks rediscover gold Central banks rediscover gold

 Last week's US$50 an ounce jump in the gold price could have been caused by a number of factors but one of them looks to have been some investors applying a "follow the leader" theory which in