Gold Prices Rise as Banks Transition Toward Historical Gold Standard

Don Ma
By Don Ma
April 11, 2024Business Matters

Gold has become a hot commodity, with everyone from Costco members to central banks buying it up. Crescat Capital macro strategist Tavi Costa is tracking the rising prices of gold. He sees banks edging back toward a historic gold standard, which could be driving up prices. In the long run, Mr. Costa is betting it will make gold even pricier in the next decade.


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