Will Russia invade? Will inflation prove to be just transitory? So far no. Will oil prices top $100? Will gold break through $1,900 and head for record highs?
Gold may be getting an extra boost from post-COVID buying as Swiss imports into China were the highest last year since 2016. Indian buyers nearly doubled their purchases in 2021 to 611 metric tons.
The next two weeks are very crucial for gold, silver, base metals and global stock markets. Momentum and technical are very bullish for gold, silver, crude oil and natural gas. Base metals will be very volatile.
