Investors poured $18B into gold funds in 1 month, even with gold 23% off its record. Is $5,000 back in play? - Yahoo Finance
Investors poured $18B into gold funds in 1 month, even with gold 23% off its record. Is $5,000 back in play? - Yahoo Finance
Source: Yahoo Finance
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DW NOTE
Investors added $18 billion to gold funds in a month while the metal sits 23% below its January peak of $5,318. That's not bottom-fishing — that's a bet that the Hormuz closure, 6% oil supply deficit, and 5.44% producer inflation eventually override whatever kept gold from holding five thousand in the first place.