Martin Place Securities executive chairman Barry Dawes speaks to Proactive Investors about gold's recent price increase past the US$1,300 mark and discusses the market forces surrounding gold's upwards-trending forecast.
"Rising living standards around the world are increasing the demand for gold, particularly out of China and India and other parts of Asia and the Middle East," says Dawes.
He continues, "That to me is the prime driver ... we're also seeing central banks buying - theres a great contrast to what we've seen ten years ago when all the central banks were selling."
Watch our full video interview for all of Dawes' Points.
Meet Cardinal Resources Ltd and Legend Mining Ltd at our event, Melbourne , 16 July 2019. Register here »