Gold buyers look to buck the trend with the move higher today ...Middle East

That could see the precious metal buck the trend in search of a stronger push higher in the week(s) to come.

This chart by BofA is starting to emphasise the rush for gold now as ETF buyers were lagging behind previously (h/t @ zerohedge):

It is definitely something to consider when analysing the macro outlook for gold as we look towards 2H 2025.

This article was written by Justin Low at www.forexlive.com.

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