SPDR Gold Trust Accelerates Settlement Cycle

TipRanksApr 26 10:47 ET

Large fund managers are entering the market! Enthusiasm for gold investment is high! Why are fund managers all optimistic?

“Increasing precious metal holdings” has become the consensus of the largest fund managers. Citi's analysis of large fund managers found that 83% of fund managers now go long on precious metals. Meanwhile, gold was the only commodity fund allocators added to their portfolios last month.

FX678 FinanceApr 24 04:30 ET

Gold price diving! Gold futures fell more than $65 per ounce, the biggest drop in more than three years

Gold futures prices plummeted by $65.60 per ounce on Monday, or 2.73%, the biggest one-day decline since February 2021.

Zhitong FinanceApr 22 21:27 ET

Has gold reached its peak? UBS: Any pullback is an opportunity to increase gold holdings

Although the market expects the price of gold to enter a consolidation period, UBS believes that any price correction is an opportunity for investors to increase their gold holdings, and the continued existence of geopolitical risks may provide support for the gold market in the long term.

wallstreetcnApr 22 20:49 ET

Gold Surges Past $2,400 on Middle East Conflict Concerns

Gold surged past $2,400 an ounce as concerns over rising tensions between Israel and Iran stoked haven demand.

BNN BloombergApr 18 21:55 ET

Gold May Benefit From 'Powerful Tailwind' When Fed Pivots to Rate Cuts, Says Wells Fargo

Gold has room to rise after reaching record highs this year, as a "shifting interest-rate landscape could be a particularly powerful tailwind," according to Wells Fargo Investment Institute.

MarketWatchApr 17 19:59 ET