Jeff Christian - Global Gold Demand Trends, China’s Growing Role, and Why Silver Still Lags
Jeff Christian - Global Gold Demand Trends, China’s Growing Role, and Why Silver Still Lags
Jeff Christian, Managing Partner at the CPM Group, joins us for a comprehensive update on the macro forces shaping the precious metals sector (gold and silver).
Gold demand is coming from everywhere; ETFs, central banks, and across continents.
Jeff breaks down the data behind the ongoing gold rally, noting that global demand has been widespread and includes institutional and retail investors across Asia, the Middle East, Europe, and North America. He highlights how a sharp shift in gold ETF inflows, particularly in Q1 and April, signals renewed interest from generalist investors.
We also explore:
- The rise of Chinese ETF demand and the Shanghai Gold Exchange's ambition to rival London as the global gold benchmark
- Why central banks are still buying gold - but in lower volumes due to rising prices
- The supply-side headwinds limiting new gold mine development, despite higher prices
- A look at gold recycling, and its impact on price
- Jeff’s gold and silver price outlook through 2025, including why silver continues to underperform and where investor interest may turn next
Click here to visit the CPM Group website to learn more about the firm.
