Government actions drive gold demand but create obstacles, Peter Spina notes

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12.05.2026

Government actions drive gold demand but create obstacles, Peter Spina notes — Government actions impact gold demand

Peter Spina, CEO at GoldSeek.com, notes that government actions significantly influence gold demand through fiat inflation.

He further highlights that capital controls and restrictions, such as import and export taxes, present major challenges for those looking to buy gold.

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Spina previously observed that nearly 200 tonnes of gold remain stored with the Bank of England and BIS. He has also reported on Indian banks being unable to import gold and silver for five weeks, which drove up domestic prices and increased the risk of shortages. These reports follow ongoing attention to the impact of official policies on bullion markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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