Demand for gold through exchange-traded funds will rise to 700 metric tons this year, from 322 tons last year, Barclays said in the report. Gold assets in ETF Securities Ltd.’s exchange-traded commodities rose to a record, reaching almost 8.2 million ounces yesterday from 8.1 million on Sept. 9, the company said on its Web site today.
Gold Climbs to 18-Month High as Dollar Weakens; Silver Gains
The monthly MACD is looking to cross this month suggest sit tight for the next wave me thinks. Expecting POG to break US1020 this week easily.
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