Make Kitco Your Homepage

The most important thing to have happened to gold this year

Kitco News

Editor's Note: Get caught up in minutes with our speedy summary of today's must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here!

(Kitco News) - A slight pullback in gold should not deter investors from the fact that the yellow metal is still in a bull market, especially after sentiment has shifted in its favor recently, said Adrian Day, CEO of Adrian Day Asset Management.

“I think the most important thing that has happened in the last six months is there’s a change in sentiment. When you have a change in sentiment, it means that gold will respond to good news but it doesn’t react so badly to bad news,” Day told Kitco News on the sidelines of the Precious Metals Summit in Beaver Creek.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Precious Metal Charts

Follow Kitco News