BlackRock Thematic and Sector Investing Global Head Evy Hambro discusses the current situation in the gold market as the precious metal extended a six-day rally to print a fresh all-time high, and what this means for the gold mining industry. Speaking on Bloomberg Television, Hambro says there is a “rather surprising trend of share buybacks across the space.” He also says there is a tactical allocation to gold in multi-assets portfolios, and central banks are looking to build gold reserves. “As
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Gold Rally: What Does It Mean for the Mining Sector?
