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Gold market shows screaming buy signals at the start of 2023

  • Written by Telegraph Magazine

Increased demand for jewellery in mainland China and Malaysia will cause gold to soar above $2,000 in 2023.

KUALA LUMPUR, MALAYSIA - Media OutReach - 21 March 2023 - 2022 was a tough year for gold, but in the last three months of 2022 the situation changed radically: net short position in gold was on the low side; banks began to buy gold into foreign exchange reserves; the U.S.

Read more: Gold market shows screaming buy signals at the start of 2023

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