Traders pile into bets on gold price rally

Financial Times/Nicholas Megaw/3-25-2023

cartoon image of a snorting bull“Financial investors generally make bets on gold prices through futures contracts, exchange traded funds, or options contracts tied to them. Aakash Doshi, head of commodities for North America at Citigroup, said there had been a surge in investor activity across all three channels in recent weeks.”

USAGOLD note: Gold gets a positive review at Financial Times……Wall Street, it reports, has gone bullish on gold.

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