The gold rally, triggered by bets on the US Federal Reserve's pivot to looser monetary policy, was fueled by investment funds and algorithmic traders, while central banks, especially China, continued to make massive purchases. Geopolitical risks further supported the rally as gold prices reached record highs. After months of mostly treading water, the gold market suddenly sprang to life last Friday. Prices breached December’s record on Tuesday and have jumped to successive daily highs ever since. Read The Rest at :
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