What are your plans for investing in gold for the rest of year?
As many of you probably know, gold made a welcome comeback in April, jumping above $2,000 per ounce for the first time in more than a year. While the move was great news for gold investors, the bad news is that the precious metal typically rises during economic headwinds.
In this case, the US banking crisis had taken hold amid persistent inflation and fears that the US was falling into a recession. While those fears remain, we’re also officially in a bull market run – so what does this mean for gold and its outlook for the rest of 2023?
Host Felicity Glover is joined by Aziz Moti, general manager and head of analysis at ISA Bullion, who discusses the precious metal’s outlook for the remainder of the year.
Hosted by Felicity Glover
Produced by Arthur Eddyson and Doaa Farid
Listen to the previous episode on the Winklevoss twins and their thoughts on crypto:
Timeline
2012-2015
The company offers payments/bribes to win key contracts in the Middle East
May 2017
The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts
September 2021
Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act
October 2021
Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence
December 2024
Petrofac enters into comprehensive restructuring to strengthen the financial position of the group
May 2025
The High Court of England and Wales approves the company’s restructuring plan
July 2025
The Court of Appeal issues a judgment challenging parts of the restructuring plan
August 2025
Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision
October 2025
Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange
November 2025
180 Petrofac employees laid off in the UAE
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
