Gold continues to break records

11:31 - 26.02.2025


February 26, Fineko/abc.az. The price of a troy ounce of gold on the world market continues to reach $3,000. The negative factor of the beginning of the "trade wars" and with them the growth of inflationary expectations accelerate the bullish rally, which takes on the character of a "bubble".

AZ informs that according to data from the world's leading electronic commodity exchange COMEX (located in New York), in January, the number of accumulated long positions by large players approached the peaks of 2020 (the absolute maximum), signaling the risks of an approaching large-scale correction.