Gold leading ‘revolt against dollar’ – economist   ...News

Russia Today - Economy
Gold leading ‘revolt against dollar’ – economist  
source : Russia Today ( News ) () 39
Central banks are buying the commodity as a hedge against possible sanctions, a market expert has suggested   Central banks around the world are shifting away from the US dollar and turning their attention to gold as a safe haven asset, the chairman of Rockefeller International, Ruchir Sharma, has said.     Prices for the commodity have surged 20% in the past six months, with demand coming not from “the usual suspects” such as large and small investors “seeking a hedge against inflation and low real interest rates,” but from “heavy buyers” like central banks, Sharma wrote in the Financial Times on Sunday.   Accor

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