We still have gold in the ground, says South Africa's central bank chief
Bloomberg Televisionยท2025-10-14 05:00
Gold Market & Central Bank Considerations - Gold price spiked to a record $4,000 this week, then moderated slightly [1] - South African central bank holds significant amounts of gold in reserves [2] - South Africa has gold reserves in the ground that can be mined if needed [2] Debt & Safe Assets - Concerns exist about rising debt levels globally, not just in the US [3] - Emerging markets debt has not increased as significantly as advanced economies debt [4] - Discussions around the safety of US treasuries (dollar) as a safe asset [3]