Gold and silver see renewed ETF demand, but investor sentiment still lags price action – Heraeus

(Kitco News) – Gold and silver ETFs have risen well off last month’s lows, and while investor sentiment has yet to match the recent price action, the Iran conflict, sticky inflation and U.S. debt concerns will likely drive investors back to bullion, according to precious metals analysts at Heraeus.In their latest update, the analysts noted that following the rally to $5,595/oz in late January, gold prices have seen their deepest and longest correction since 2022.