On November 14, Bas Kooijman, CEO and Asset Manager at DHF Capital, appeared on CNBC Arabia to discuss the current dynamics in the gold market.

In this interview, Bas highlighted an 8% decline in prices over two weeks and attributing the movement to post-election market adjustments and the strengthening U.S. dollar. He emphasized that gold prices are likely to be influenced by geopolitical tensions in Gaza and central bank decisions to increase gold reserves. Additionally, he highlighted Tesla’s significant stock gains, suggesting that in the current climate, gold may offer a safer investment alternative to high-risk assets.

Watch here: YouTube