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Traders pile into bets on gold price rally

As banking turmoil boosts gold's safe haven appeal, investors bet on further increase in gold prices as interest rate outlook in the US is reassessed.

  • Investors bet on further increase in gold prices after touching 12-month high.
  • Banking sector turmoil boosts metal's safe haven appeal.
  • March sees first month of net inflows into gold ETFs for 10 months.
  • Surge in investor activity across futures contracts, ETFs, and options contracts.
  • Investors reassess interest rate outlook in the US as Fed's latest rate hike may be its last.
Traders pile into bets on gold price rally
Options buyers see scope for further gains as banking turmoil boosts metal’s safe haven appeal

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