Google Search Interest in Gold at Record High

Kim Inglis:
Hi, I'm Kim Inglis, senior portfolio manager with Raymond James. There has been a lot of interest in gold lately, which is not terribly surprising given that gold had a record high in January and then has been trading above 5000, well above ever since. The chart that I've got here for you today shows the Google search interest specifically in gold. And as you can see, it is a lot. It is at a record high right now. And a lot of what people are searching for is they're wondering, why is gold performing so well? You know, there are a few different reasons for that. One is that gold tends to be a good inflation hedge. Another is that it tends to perform well when there's geopolitical tensions, which there have certainly been, plenty of geopolitical headlines as of late. And then also China Central Bank has been adding to their stockpile. So that has helped a bit there as well. So in terms of search interest in gold, as long as some of this continues to happen, I think that that, that will continue to, there will be a lot more search history, happening from, from now moving forward as well.