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....
Read the full article on Seeking Alpha
For further details see:
Here's One Reason This Gold Bull Run Likely Still Has Legs