
Speculative demand for gold is overcrowded, but this is not driving prices - Standard Chartered’s Suki Cooper
(Kitco News) - While bullish speculation in gold remains crowded, one market strategist argues it's not the main driver behind recent price moves.
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The latest Kitco News Weekly Gold Survey showed industry experts still divided between bullish and neutral on gold’s near-term prospects, while retail traders returned to their customary bullish bias.