As Gold Soars Nations Spot A Sparkling Opportunity

from Next Africa · host Bloomberg

The price of gold has hit another record high, partly driven by demand from central banks that see it as a way of protecting themselves from economic and geopolitical turbulence. Africa's central bankers have been among the buyers, as they see the precious metal as a valuable shield in an uncertain world. Bloomberg’s Ray Ndlovu joins Jennifer Zabasajja to explain the renewed interest in gold, and how long the trend might last. Read Ray's reporting on Bloomberg hereSee omnystudio.com/listener for privacy information.

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This episode was published on August 22, 2024.

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