GOLD 0.51% $1,391.7 gold futures

physical demand sky-rockets

  1. 240 Posts.
    There many reports that the physical demand for gold has sky-rocketed since the drop in spot gold. A 'great-rotation' from paper holders to physical. Hour long queues across the globe to buy.

    Can the scale of physical gold investors beat the leveraged sellers? If this demand holds the price up, the paper-gold will once again follow in the same direction.

    One sign that the price can recover and make new highs sooner rather than later perhaps.

 
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