Invesco: Gold ETF fund inflows turn positive, and the price increase trend may continue
I'm PortAI, I can summarize articles.
Invesco Asia-Pacific Global Market Strategist Zhao Yaoting stated that although gold prices have surpassed the historical high of $4,000 per ounce and have deviated from traditional valuation drivers, there is still potential for continued upward momentum. The inflow of funds into gold ETFs has turned positive, indicating a resurgence of investor interest in the gold market. Zhao Yaoting pointed out that the rise in gold prices may reflect the turmoil in U.S. policies and the increase in systemic risks, and it is expected that central banks will continue to purchase gold, urging investors to be cautious in their allocations
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments