World Gold Council Americas CEO and head of global research Juan Carlos Artigas
said gold is a truly global asset whose price reflects global macro and
geopolitical dynamics, not just US conditions. He said interest rates remain
important and are likely a key variable in H2, but gold is not driven by a
single factor. After trading under about $4,000/oz earlier this year, gold has
rebounded, supported by structural demand from central banks, institutional
investors and consumers across regions, which underpins its resilience.