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home / news releases / JJPFF - Here's One Reason This Gold Bull Run Likely Still Has Legs

JJPFF - Here's One Reason This Gold Bull Run Likely Still Has Legs

iPath Bloomberg Precious Metals Subindex Total Return SM Index ETN

2024-04-10 10:00:00 ET

Summary

  • Gold has surged to record highs of over $2,350 per ounce, and there is reason to believe this bull run has plenty of legs left.
  • You can see that institutional investors have been slow to jump into the rally by looking at the flow of gold into and out of exchange-traded funds.
  • Even with the price of gold climbing rapidly, there are still outflows of metal from gold-backed funds.

By Mike Maharrey

Gold has surged to record highs of over $2,350 per ounce, and there is reason to believe this bull run has plenty of legs left....

For further details see:

Here's One Reason This Gold Bull Run Likely Still Has Legs
Stock Information
Company Name: iPath Bloomberg Precious Metals Subindex Total Return SM Index ETN
Stock Symbol: JJPFF
Market: OTC
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