World Gold Council: long-term prospects for gold remain optimistic

Publié: Mar 8, 2021 17:04
Source: World Gold Council
[world Gold Council: gold's long-term prospects remain optimistic] with the improvement of market sentiment after the US election and the successful research and development of several novel coronavirus vaccines, investors have also increased their investment in risky assets. The recent COMEX gold futures trader position report (COT) shows that despite the recent poor performance of gold prices, the net long position in COMEX gold futures remains high, indicating that investors are still optimistic about the long-term outlook for gold.

With the improvement of market sentiment after the US election and the successful research and development of several novel coronavirus vaccines, investors have also increased their investment in risky assets. The recent COMEX gold futures trader position report (COT) shows that despite the recent poor performance of gold prices, the net long position in COMEX gold futures remains high, indicating that investors are still optimistic about the long-term outlook for gold.

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World Gold Council: long-term prospects for gold remain optimistic - Shanghai Metals Market (SMM)