The yellow metal is labelled as a ‘weapon of choice’ for investors combating the uncertainties of the pandemic. The World Gold Council said that global net inflows for gold-backed exchange-traded funds reached $39.5 billion, topping the previous annual inflow record of $23 billion from 2016, according to a report issued Tuesday!
I am bullish on the price of gold further rising due to demand. Keeping watch on this.
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