A worker plunges a gold ingot into a cooling bath at the Uralelectromed Copper Refinery, operated by Ural Mining and Metallurgical Co. (UMMC), in Verkhnyaya Pyshma, Russia on July 30, 2020. Photo: Bloomberg
Gold’s record-breaking rally stirs debate on bull market longevity once Covid-19 vaccines arrive
- Investors continued their rush into exchange traded funds, which in October sucked in more than double the final inflow in 2019
- Among gold bears, Macquarie Group this week declared the ‘end of the cyclical bull market’ and said prices have probably peaked
A worker plunges a gold ingot into a cooling bath at the Uralelectromed Copper Refinery, operated by Ural Mining and Metallurgical Co. (UMMC), in Verkhnyaya Pyshma, Russia on July 30, 2020. Photo: Bloomberg
