Gold Bull Market Far From Over, Says U.S. Global Investors CEO

Frank E. Holmes, executive chairman of HIVE Digital Technologies and CEO/CIO of U.S. Global Investors, believes that despite months of sideways trading, the gold bull market is far from over.

In a recent conversation with Mike Maharrey of Money Metals, Holmes argued that powerful global trends continue to support higher gold prices, driven by Asian consumer demand and central bank buying.

He noted that roughly 60% of global gold demand comes from people purchasing gold as portable family wealth, particularly throughout Asia and the Middle East, where rising GDP per capita has increased gold ownership over the past two decades.