Within the current market environment in the European ETF industry where the estimated net inflows are at a record high level and assets under management (AUM) are moving from one all-time-high to the next, one may think that it must
Global Drivers: Conflicts and economic fears boosted demand China’s Role: Central bank, consumers led gold buying spree Fed Policy Impact: Rate cuts, labor data influence gold prices Potential trading range: 2,588.29-2,701.02 (73.4% probability), Bloomberg Gold prices have been on a volatile but record-breaking ride