Gold auctions are experiencing a surge in buying activity, signaling strong market confidence even at record-high prices. On Thursday, the afternoon auction saw bids for over 400,000 ounces of gold in the opening round, marking the largest volume since September 2019. This rush indicates that major players are actively increasing their gold holdings, further driving the precious metal's price surge.
Gold Rush: Auction Bids Surge to Record Levels Amidst Price Highs, Signaling Strong Market Confidence
Edited by: alya_ myart
Did you find an error or inaccuracy?
We will consider your comments as soon as possible.