Demand related to inflation and safe-haven fears has been driving gold. I particularly believe numerous gold traders are watching the Iranian situation with great interest, since it has both inflationary and safe haven implications.
More Quotes from Daniel Vaught:
Oil prices and continued inflammatory comments from Iran are driving gold.Daniel Vaught
We're seeing an increasing amount of capital in the commodities market in general and gold in particular.
Daniel Vaught
New buying comes in virtually every time gold turns around.
Daniel Vaught
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