Gold has beaten QQQ and SPY by miles since the shiny metal bottomed in mid February. UBS sees further upside: "The Indian import duty tax cut was key: demand from India exploded and continued through the higher price action. There is an incredible amount of pent-up demand from India, which has been dormant, so we are continuing to see that interest come through..."
npub1zl…22n8p
2024-08-29 06:07:29
Author Public Key
npub1zlypm2nj0mz4je2zrhxlm3pyvl73h8vg778083k0w2avs6vc7xkqp22n8pPublished at
2024-08-29 06:07:29Event JSON
{
"id": "6a3582654138062c3470b06976ef3133d59fba68c49cc641e8b93880529f561c",
"pubkey": "17c81daa727ec55965421dcdfdc42467fd1b9d88f78ef3c6cf72bac86998f1ac",
"created_at": 1724911649,
"kind": 1,
"tags": [],
"content": "Gold has beaten QQQ and SPY by miles since the shiny metal bottomed in mid February. UBS sees further upside: \"The Indian import duty tax cut was key: demand from India exploded and continued through the higher price action. There is an incredible amount of pent-up demand from India, which has been dormant, so we are continuing to see that interest come through...\"\n",
"sig": "866c870a8aff4a4dbd7e8f07968160c9e5a03125b4020d2a77ba6f1f7d6bea1b6820d7175ddfad51920346681d752105bf9382dc8387470f3886ce1c05db1d9d"
}