-
Gold’s gains are coming from a price-insensitive mystery buyer, and the rally is likely to continue
The rally in gold is happening despite the absence of many of the yellow metal’s traditional drivers, and the price insensitivity of the opaque buying means prices will likely be off to the races again soon, according to Ross Norman, CEO of Metals Daily. Norman said that gold has long been “a subject of intrigue” for investors, but its recent rally is truly perplexing. “Gold has always been driven by a complex web of economic, geopolitical, and market forces—but is perhaps best described as being the ‘sum of all fears,’” he wrote in the latest issue of Bullion World. “However, the dynamics that are ... (full story)
- Comments
- Subscribe
-
- Older Stories
From bbc.com|Mar 12, 2025|2 commentsIn Brussels, it was just after 06:00 on Wednesday. But it was midnight in Washington DC when President Donald Trump's 25% tariffs on steel and aluminium took effect on major US ...
From youtube.com/bloombergquicktake|Mar 12, 2025In our current era of extreme partisanship, the threat of a federal congressional stalemate over funding of government operations is hardly unexpected news. After all, there have ...
From miningmx.com|Mar 12, 2025China is forecast to import more off-exchange refined copper this year predominantly from the Democratic Republic of Congo where production of the red metal is booming, said ...
-
- Newer Stories
From youtube.com/cmegroup|Mar 12, 2025Copper futures prices reach highest levels of 2025. Philip Streible has more.
From bnnbloomberg.ca|Mar 12, 2025Supply Lines is a daily newsletter that tracks global trade. Sign up here. Mexico is delaying its response to US tariffs on steel and aluminum imports as President Claudia ...
From think.ing.com|Mar 12, 2025EUR rates levels and curves managed to retrace somewhat on Wednesday with fewer headlines out of Germany to drive the market, but attention turned towards tariffs. It still ...
- Story Stats
- Posted: Mar 12, 2025 5:58pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 221
