Institutions that have taken profits are assessing the timing to “re-enter gold”: the short-term focus is on the “stickiness of gold ETFs.”
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After a fierce surge in gold prices followed by a pullback to around $4,000/oz, the market is at a critical stage of contest.
According to Wind Chaser Trading Desk, JPMorgan's latest research report released on November 6 believes that although gold prices have recently retreated, institutional