Fundamentals or Market Sentiment: The Ongoing Gold Rally, Under Debate

Expert Analysis

Date:

Autor: Beatriz Zúñiga

Throughout the week, gold reached $2,753 per ounce, accumulating an annual increase of 33%

According to Jupiter AM, the recent increase in gold prices was primarily due to futures contracts

According to Julius Baer, Chinese investors and the People's Bank of China should also return to the gold market

Macquarie maintains the view that challenging budget outlooks across all developed markets are a key feature of the gold bull market