The gold market is well supported as ETF selling slows to a two-year low

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 61 sec. here
  • 32 min. at publisher
  • 📊 Quality Score:
  • News: 129%
  • Publisher: 78%

Kitco News Berita

Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.

The analysts noted that North American-listed funds saw holdings actually increase by 4.8 tonnes, valued at $360 million.price rally triggered exercises of in-the-money calls in mid-March, creating sizable inflows,” the analysts said. “Demand would have been stronger if investors didn’t sell their holdings in early and late March, taking advantage of gold price advancements.”

“The UK accounted for the bulk of the loss despite the Bank of England’s dovish tilt in its March meeting, which led to lower government bond yields and a weaker pound,” the analysts said. “Taking a closer look, although scattered inflows were evident when theprice surged, outflows emerged when gold’s momentum paused – likely due to profit-taking activities.

The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 13. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama