Gold Rally Continues as ETF Holdings See Biggest Jump Since 2022

25.02.24

Gold continues its strong performance, trading over $2,940 per ounce after eight consecutive weeks of gains. The precious metal’s strength is primarily fueled by substantial investments in gold-backed ETFs, which saw their biggest inflows since 2022. Goldman Sachs has responded by raising its year-end target to $3,100, citing central bank…

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