Gold gains ground as central banks retreat from dollar assets and inflation undermines bonds – Sprott’s Zhu

(Kitco News) – Gold’s ability to maintain its trading range and attract fresh ETF inflows despite soaring bond yields suggests its next move could be to the upside, while central banks’ shift away from dollar assets continues to bolster the longer-term bullish outlook, according to Kenny Zhu, Director of Research and Investment Strategy at Sprott.