https://seekingalpha.com/article/4276651-gold-weekly-everyone-buying-yellow-metalGold Weekly: Everyone Is Buying The Yellow Metal
Jul. 23, 2019 10:14 AM ETGraniteShares Gold Trust ETF (BAR)ASA, CPER, CUPM...2 Comments3 Likes
Summary
Gold prices have continued their advance in recent days, in light with our constructive expectations.
Speculators have adopted a “wait and see” approach toward gold over the past two weeks.
ETF investors boosted markedly their gold buying last week.
Central bank sentiment toward gold has turned positive since last year.
As the current environment is conducive to stronger gold prices, we expect BAR to reach $14.55 per share by the end of July, a 2.5% appreciation from its current level.