Next Africa
Next Africa
Bloomberg
As Gold Soars Nations Spot A Sparkling Opportunity
13 minutes Posted Aug 22, 2024 at 10:55 pm.
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The price of gold has hit another record high, partly driven by demand from central banks that see it as a way of protecting themselves from economic and geopolitical turbulence. Africa's central bankers have been among the buyers, as they see the precious metal as a valuable shield in an uncertain world. Bloomberg’s Ray Ndlovu joins Jennifer Zabasajja to explain the renewed interest in gold, and how long the trend might last. 

Read Ray's reporting on Bloomberg here

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