George Milling-Stanley of State Street Global Advisors provides his outlook for gold in 2023, as well as the specific headwinds and tailwinds he expect to drive price activity moving forward.

For the last decade, central bank gold purchases have accounted for between 10% and 15% of total gold demand. George Milling-Stanley of SSGA takes a look at historical gold purchasing cycles over the past 50 years…

George Milling-Stanley, Chief Gold Strategist at State Street Global Advisors, discusses the current gold market environment as well as several reasons why investors can remain optimistic about gold’s outlook moving forward.

Volatility, low rates, and rising risks supported gold’s price and investment demand in 2020, driving it to reach a new all-time high during the year. Despite some moderation on the volatility front post-election, the new year is looking poised to serve up more uncertainty for investors. See how George Milling-Stanley sees the gold market reacting, and what it may mean for gold’s price in 2021.