Gold
ubs group analyst stated in a report last month, "Despite gold prices hitting multiple new highs this year and outperforming major stock indexes, we believe there is still room for gold prices to rise in the next 6 to 12 months. Key factors we consider include the significant inflow of Exchange Traded Funds (ETF) funds - something that has been lacking since April 2022."
Many analysts believe that in the coming months, there is expected to be an increase in funds flowing into gold Exchange Traded Funds (ETFs), especially from Western investors, which is likely to provide additional bullish stimulus to the already record-high gold price.
Many analysts believe that in the coming months, there is expected to be an increase in funds flowing into gold Exchange Traded Funds (ETFs), especially from Western investors, which is likely to provide additional bullish stimulus to the already record-high gold price.
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