ICYMI: ETF flows return to gold as Saxo flags 289-tonne central bank demand
Saxo Bank says gold is holding near $4,400 as fading Fed hike risk, a softer dollar and returning ETF demand outweigh elevated bond yields. Saxo argues high long-end yields increasingly reflect fiscal risk rather than growth, a dynamic that could keep supporting gold rather than undermining it.
Saxo Bank says gold is holding near $4,400 as fading Fed hike risk, a softer dollar and returning ETF demand outweigh elevated bond yields. Saxo argues high long-end yields increasingly reflect fiscal risk rather than growth, a dynamic that could keep supporting gold rather than undermining it.
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