Barrick Gold CEO: The upward risk of gold prices is far greater than the downward risk

Barrick Gold's CEO predicts that the upward risk of future gold prices is greater than the downward risk, believing that the market has underestimated the damage caused by Western central bank tightening to the economy. He states that the United States lacks fiscal discipline and people have become accustomed to free money. He believes that the main reason for the continuous rise in gold prices over the past five years is the impact of currency depreciation. He expects the demand for gold to continue to rise, providing support for gold prices. Barrick Gold also needs to find more gold. Currently, the spot gold price is falling, and US economic data is supporting the rebound of the US dollar.