Gold Lower Despite “Panic” Due To “Supply Issues” In Inter Bank Gold Market

by Mark O’Byrne
GoldCore

Gold fell again today to its lowest in a week despite continuing uncertainty about the outcome of the Brexit referendum. This is contributing to very significant high net worth and institutional demand in recent days, particularly in the UK, which is leading to “panic” and “supply issues” in the interbank gold market.

Supply issues which respected gold analysts and ourselves have warned in recent years were taking place, would deepen and would ultimately lead to a reset of gold prices to much higher levels.

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