We're seeing an increasing amount of capital in the commodities market in general and gold in particular.
More Quotes from Daniel Vaught:
Oil prices and continued inflammatory comments from Iran are driving gold.Daniel Vaught
New buying comes in virtually every time gold turns around.
Daniel Vaught
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.
Daniel Vaught
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