XAUUSD - Continuing to decrease, the trend of selling Gold on 7/

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According to the World Gold Council (WGC), since the beginning of the year, gold is bringing outstanding performance to investors compared to holding cash and bonds.

Stocks are an asset that maintains returns that surpass gold. Specifically, in the first half of the year, gold rose 5.4%, while stocks in the S&P 500 rose 14%.

They see gold and emerging market bonds as safe investment options. 74% of sovereign wealth funds view high-yield emerging markets bonds as an attractive investment option.

Last week's jobs report showed the US economy added the fewest jobs in two-and-a-half years in June, but wages continued to rise sharply, suggesting labor market conditions remain tight.

More than 85% of the 85 sovereign wealth funds and 57 central banks participating in Invesco's annual global sovereign wealth management research survey believe that over the next decade, inflation will be higher. compared to the previous decade.
Nota
SELL 1927 - 1929
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