Gold Demand Highlights Economic Risks - Global Uncertainty Impacting the Precious Metals Market
Tuesday, October 11, 2016
Since the end of the gold standard in the early 1970s, gold’s role in the world economy has closely tracked periods of economic and political turmoil, expanding when confidence declines and retreating when confidence returns. The rise in demand for gold among investors, savers, central banks and consumers since the onset of the financial crisis in 2007 owes much to the safety and liquidity of gold relative to other assets.
Ben Robinson, Economist, Official Monetary and Financial Institutions Forum (OMFIF)
Ben Robinson is an Economist at the Official Monetary and Financial Institutions Forum in London, where he is responsible for research and analysis on issues relating to the global economy. His main focus is on international monetary policy, emerging markets, and public sector asset management, and is responsible for the Global Public Investor annual report on sovereign wealth funds, central banks and public pension funds. He holds a Master’s degree in International Political Economy from King’s College, London.