World’s Biggest Money Managers Are Rebuilding Gold Positions

Some of the world’s biggest money managers have rebuilt their gold holdings after prices dropped, betting that long-term drivers of the precious metal will endure even as the US Federal...

By Yihui Xie, Yvonne Yue Li and Jack Ryan · Bloomberg Markets

Some of the world’s biggest money managers have rebuilt their gold holdings after prices dropped, betting that long-term drivers of the precious metal will endure even as the US Federal Reserve takes a more assertive stance on inflation.