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Gold’s Biggest Headwind Just Reversed Course: Is the Price Tide Changing?

For this entire year thus far, precious metals have taken a beating largely due to one force: the war with Iran and the attendant oil-fueled inflation. As this week started, there were signs that this tide is reversing its course. Should gold investors start getting their chopsticks ready?

Given that there is only a limited amount of gold to go round, heightened central bank accumulation puts pressure on supply and supports gold prices. The weeks ahead will be interesting to watch, and gold-linked entities like Collective Mining Ltd. (NYSE American: CNL) (TSX: CNL) are most likely going to be glued to market developments as the…

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