Here's your summary from How Geopolitics Affect the Price of Gold (https://www.youtube.com/watch?v=lZds-KIXdN4) on the Bloomberg Television channel:

**TLDR:** Central banks are buying gold to diversify reserves, geopolitics impact gold prices, high markups on gold in fancy stores.

1. Central banks, including China, are buying gold to reduce their reliance on the US dollar as the world's reserve currency.

2. Geopolitical events such as conflicts in Gaza, Ukraine, South China Sea, and Taiwan Straits can impact the price of gold.

3. High-end stores like Tiffany have significant markups on gold jewelry due to artistry and workmanship, while prices change rapidly in Asian markets.

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