Fund Managers Rake in the Money as Gold Price Rockets

Fund managers rake in the money as gold price rockets

Gold funds run by L1 Capital, Victor Smorgon and Argonaut are generating huge returns thanks to the run in the precious metal. Here’s where they have been buying.

Gold Buying Momentum Unstoppable as Geopolitical Risks

Gold (XAU/USD) extended its winning streak for a fourth straight session on Tuesday, hitting fresh record highs above $3,870 during Asian trading. The safe-haven metal remains strongly bid as geopolitical tensions intensify and expectations of further US Federal Reserve rate cuts keep investors flocking to bullion. Safe-Haven Demand Drives Gold Higher Mounting geopolitical risks continue […] The post Gold Buying Momentum Unstoppable as Geopoliti…