With gold sitting very close to all-time nominal highs, we thought you might like the following charts from Nomura on what drives gold’s movement.
Their report is titled: “What drives gold?”
Among the factors: Real interest rates, central bank balance sheets, Indian wedding season, and the Aussie dollar.
Business Insider Emails & Alerts
Site highlights each day to your inbox.
Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.