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WGC CEO on Gold Price Momentum

Bloomberg Markets •
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David Tait, head of the World Gold Council, outlined gold price momentum at the Asian Financial Forum 2026. He spoke with Bloomberg about the metal's trajectory and Hong Kong's evolving role. The conversation centered on market dynamics and the city's strategic position in global bullion trade.

Gold has historically served as a safe-haven asset, often rising during geopolitical uncertainty and inflation. Tait's comments come as central banks globally continue to increase gold reserves, a key driver of demand. Hong Kong aims to solidify its status as a premier trading hub, competing with established centers like London and New York.

Investors will watch for Tait's specific take on price forecasts and Hong Kong's regulatory developments. The city's push for greater gold trading volume could impact liquidity and pricing efficiency. This forum discussion provides insight into institutional sentiment and the future of physical gold markets in Asia.