LONDON, 21 July 2017 – BullionVault's director of research, Adrian Ash, today joined a panel of other gold experts to discuss the metal's outlook on India's leading financial news channel, CNBC TV-18.
Asked about his view on the gold price rising from $1200 to almost $1250 so far this month, "That's really down to the Dollar," said Adrian
"The Dollar has weakened so hard in the last few weeks. If you look at the gold price in Euros it's flat on this week.
Part of the Money Control financial portal, CNBC TV-18's Commodity Champions show also talked about interest rates, India's new GST sales tax, and the impact of futures-market speculation on precious metals prices.
"Longer term, if you're looking for an investment hedge, I think gold continues to win out over silver," said Adrian. "Gold tends to do well when other things suffer."
You can watch the full discussion at Money Control here:
