The most important thing to have happened to gold this year
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(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.
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