Here is why gold (and precious metals) could still have some room to the upside

Gold is getting some good press ….

Earlier:

• 7 factors buttressing the bullish gold market environment

probably 'casue the price has gone up ;-D

This via TD, the firm citing fear (of a global growth slow down) as a driver (safe asset inflow):

• market pricing for a cut in October still hovering near the 50% mark, gold and precious metals could still have some room to the upside should those probabilities converge to a cut as we expect.
• we expect little flow from CTAs in the complex for the time being