The Gold ETF Rally: Is It Here to Stay? | ETF Trends
National Public Radio noted that gold prices hit a fresh record yesterday. Futures contracts for the precious metal traded at $1167 an ounce. It could hit $1200 more quickly than some traders were expecting. Analysts are expecting interest rates to stay low, … The decline in mine supply in recent years has been supplemented by increased scrap sales and sustained central bank gold sales. In the first quarter, scrap sales rose sharply as gold re-visited its all-time high. …
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