Central Bank Gold Purchases to Remain High, Says Barclays - International Business Times

Central Bank Gold Purchases to Remain High, Says Barclays - International Business Times

There is unlikely to be a “slowing down” of gold buying by central banks as significant economic uncertainty remains for the foreseeable future – according to Jon Spall, director of precious metals sales at Barclays.

In an interview with the Wall Street Journal, Spall discussed his outlook for the gold market in light of the weakness it has experienced in recent months.  Highlights from the interview included:

Gold prices seem to have stabilized a bit this year after last year’s bull run. How do you see the metal performing this year?