EZB warns of crisis in the gold market

Quelle: WIRTSCHAFT TV (Glomex)

The European Central Bank is warning of turbulence in the gold market. If the trend continues unchecked, the ECB warns of a serious threat to the stability of the global financial system. Gold futures contracts that increasingly require physical delivery, with actual transport of the precious metal, are in focus. According to the ECB, demand for such deliveries has reached historic highs.