Gold Causes Mounting Panic. Forecast as of 11.03.2025
The spillover of gold bullion from Europe to North America has been the butterfly effect for a storm in the financial markets. Can the precious metal be the remedy? Let's discuss this topic and make a trading plan.
Major Takeaways
Gold imports caused the growth of the US trade deficit. Stocks of precious metal on COMEX soared to record peaks. The inflow of capital into ETFs is going on for the sixth week. Consider buying gold if XAUUSD quotes climb above $2,930.
Gold Causes Mounting Panic. Forecast as of 11.03.2025
The spillover of gold bullion from Europe to North America has been the butterfly effect for a storm in the financial markets. Can the precious metal be the remedy? Let's discuss this topic and make a trading plan.
Major Takeaways
Gold imports caused the growth of the US trade deficit. Stocks of precious metal on COMEX soared to record peaks. The inflow of capital into ETFs is going on for the sixth week. Consider buying gold if XAUUSD quotes climb above $2,930.
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