At the same time, emerging-market central banks need to accumulate gold reserves, which they still hold in far lower proportion than do rich-country central banks. With the euro looking less appetizing as a diversification play away from the dollar, gold’s appeal has naturally grown.
Legionen neuer Verbraucher gewinnen an Kaufkraft und damit steigt zwangsläufig die Nachfrage, wodurch der Preis für knappe Güter steigt.