The consensus on gold is that interest is back.
Experts on the Ultimate Gold Panel at the Vancouver Resource Investment Conference unanimously agreed that sentiment on the precious metals has turned more bullish.
With central banks like China buying gold for the first time in years and funds that were previously not interested in gold starting to add the metal to their portfolio, investors have been showing more confidence.
Frank Holmes, CEO of U.S. Global Investors, noted that gold is benefiting from the “great unwind” of quantitative easing, which has created a cascade of tailwinds for gold.
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