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Commodities

Gold Bull Market Far From Over Amid Strong Global Trends

Guavy AI Editorial Team
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Gold
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Frank E. Holmes, executive chairman of HIVE Digital Technologies and CEO and CIO of U.S. Global Investors, believes the gold bull market is far from over.

Despite months of sideways trading, Holmes argues that powerful global trends continue to support higher gold prices.

He pointed out that roughly 60% of global gold demand comes from people purchasing gold as portable family wealth, particularly throughout Asia and the Middle East.

This 'love trade' is a more durable driver than the 'fear trade', which is driven by Western investors focusing on inflation, wars, monetary expansion, and financial instability.

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