PRECIOUS METALS | Gold Funds Split on Outlook as Silver Bullish Options Positions Decline

Gold-related funds have shown a sharp divergence in views on the metal’s next move, with new inflows occurring alongside withdrawals by longer-standing investors. According to Jin10, the market has seen both fresh capital entering and “old money” exiting at the same time. In silver, bullish options positions have been reduced for consecutive periods. The report said near-term upside momentum in silver has cooled somewhat.