Global Commodities: Gold Rushes to Record Highs

226 Views11 Mar 2024 10:47
  • Gold price has rallied to new highs, but market cap of US's biggest gold ETF has shrunk
  • Push higher driven by quick money inflows, fundamental/ETF inflows, safe haven bid, technical drivers, FOMO
  • Physical demand from central banks and Chinese retail buyers has been strong, but recent rally seems driven by financial quick money inflows

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  • Global Commodities: Gold Rushes to Record Highs
    11 Mar 2024