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Gold buying continues in Asia despite U.S. pressure, Willem Middelkoop notes

Gold buying continues in Asia despite U.S. pressure, Willem Middelkoop notes
U.S. pushes gold down, Asia buys

Willem Middelkoop, founder, investor, commodity fund manager at Commodity Discovery Fund, comments on ongoing trends in the gold market. Middelkoop observes that certain participants in the U.S. are still trying to suppress gold prices, while buyers in Asia continue to purchase gold during price declines.

Middelkoop recently said the Commodity Discovery Fund is positioned for a new uptrend, with the market correction nearly over, according to a recent statement. He has also commented on past structural changes, recalling the last day of option open outcry trading at the Amsterdam Exchange in 2004 in a previous article. His views provide context for current gold market developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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