2024-04-23 14:00:00 ET
Summary
- Big money managers are starting to jump on the gold bandwagon as inflation worries grow.
- Over the last few weeks, gold held its ground despite headwinds including a strong dollar and rising bond yields.
- Geopolitical tensions have supported safe-haven buying but it appears a new player is entering the market – hedge fund and other big money managers concerned about sticky price inflation.
By Mike Maharrey
Big money managers are starting to jump on the gold bandwagon as inflation worries grow....
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Mainstream Fund Managers Jumping On The Gold Bandwagon