What Is Driving the Gold Price to Record Highs Despite ETF Outflows? Gabelli Funds’s Chris Mancini Explains

On 11 April 2024, during a CNBC “Power Lunch” segment, Chris Mancini, associate portfolio manager at Gabelli Gold Fund, offered a detailed examination of the current dynamics in the gold market. Despite noticeable outflows from gold-backed ETFs, a situation that typically leads to lower prices, the price of gold has been moving higher. This intriguing […] source: https://www.cryptoglobe.com/latest/2024/04/what-is-driving-the-gold-price-to-record-highs-despite-etf-outflows-gabelli-fundss-chris-mancini-explains/