December Gold $2.710$2.750 short term target very much intact.
Don't think mainstream investors can continue to ignore this sector much longer. We need to see triple the volume for Gold stocks to be inline with where it was pre-Covid. Inflation is way down, rates will follow next and lease rates for Gold will be in vogue again.
BRICS meeting coming up, Central banks still buying as are tier 1 banks taking advantage of Basel III where Gold can now be classified as 100% to be used for capital. So the advantage there is, as Gold rises those banks holding Gold for capital requirements get to free up more cash to lend and make more profit. Everything is lined up, they just need more physical Gold !