Gold Price: Entry Points 'Are Coming' as Volatility Rises, BofA Says

Gold "is overbought at the moment, but it is still underinvested," says Michael Widmer, head of metal research at Bank of America. "ETF inflows last month were up 880% year-over-year and that is ultimately a concern," Widmer tells Bloomberg Television. "From a pure fundamental macro backdrop we're still looking good," he adds. "The entry points are coming."
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Видео Gold Price: Entry Points 'Are Coming' as Volatility Rises, BofA Says канала Bloomberg Television