Gold’s rally fuelled by unlikely buyers
“Gold’s surge to an all-time high is winning over a wider fan base of pension funds, insurance companies and private wealth specialists.”
USAGOLD note: These groups are new to the gold investment arena and bring to the table considerable purchasing power and market savvy – along with an eye to longer-term horizons. One immediate result might be more buying interest on price dips.
Graphic image courtesy of Visual Capitalist