Gold Nears $3,800 Mark, But Expert Says 'We Aren't Anywhere Close To Gold Fever Yet:' 39% Of Fund Managers Have 0% Allocation
Benzinga·2025-09-22 12:06
Gold extended its rally Monday, nearing $3,800 an ounce as robust demand and ongoing economic uncertainty strengthened its safe-haven appeal.Despite the near-record highs, a key survey of institutional investors indicates that a speculative frenzy has not yet taken hold, suggesting the rally could have more room to run.GLD ETFs are shiny. Check its real-time prices here.Nowhere Close To The Golden FeverThis cautious sentiment is highlighted by data from a recent Bank of America Global Fund Manager Survey, w ...