Mike McGlone
Mike McGlone|Mar 10, 2025 18:28
Gold Spec Buying May Be Shifting to Investors - At about 86 million ounces on March 7, the upswing in #gold #ETF holdings could be just getting started, especially if the US #stockmarket and Treasury yields continue to decline. Dropping to about 18 million ounces from September's peak just above 25, net-long gold #futures #speculators have been lightening up. Full report on Bloomberg here: https://blinks.bloomberg.com/news/stories/sswo4wdwlu68 {BI COMD} #commodities #macroeconomics @BBGIntelligence
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