Gold Prices Soar on Strong Demand From Hedge Funds and Central Banks ...Middle East

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Gold Prices Soar on Strong Demand From Hedge Funds and Central Banks
Something remarkable happened to the price of gold back in early 2022 around the time of the Ukraine war: having previously tracked gold ETF inflows to the tick, the price of gold suddenly disconnected and exploded higher even as "paper gold" as some call it, slumped. We showed this for the first time back in April with the following chart which showed the clear decoupling between paper and physical gold in 2022.A few months later, and two years after gold ETF holdings continued to drop even as the price of gold rose, it finally happened: attempts…

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