Commodities & Resources

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New GPF study says majority of institutional investors and wealth managers optimistic about price of silver and gold

New GPF study says majority of institutional investors and wealth managers optimistic about price of silver and gold

The vast majority of institutional investors and wealth managers are optimistic about the price of gold and silver rising in 2021, according to a new study by Global Palladium Fund (GPF), which recently listed four physically-backed metal Exchange Traded Commodities (ETCs) - including spot price of gold and silver ETCs.

METALS

Gold price rises chased by virus fears

Gold price rises chased by virus fears

According to the World Gold Council ETF holdings and assets in gold reached new all-time highs during February, adding USD4.9 billion in net inflows, with gold outperforming all major asset classes at the end of February, and being the only one in positive territory.