Market confounded by Gold’s mysterious, unprecedented rally

Market confounded by Gold’s mysterious, unprecedented rally

Despite longstanding associations with geopolitical tensions and impending rate cuts, Gold's surge remains shrouded in mystery.
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In the enigmatic world of gold, its recent ascent to unprecedented heights puzzles experts. Despite longstanding associations with geopolitical tensions and impending rate cuts, the surge remains shrouded in mystery. Amidst erratic trading, varying theories emerge—from central bank manoeuvres to investor sentiment. While ETF outflows raise eyebrows, institutional activity in futures markets intensifies. As the saga unfolds, the reasons behind this perplexing rally continue to elude, leaving markets grasping for clarity in the midst of uncertainty.

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By Mark Burton, Jack Ryan and Yvonne Yue Li

___STEADY_PAYWALL___

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