Major fund managers rebuild gold holdings despite higher US rate concerns
Amundi, Fidelity and Pictet are among investors increasing exposure to gold despite expectations of higher US interest rates
By Agencies2 min read
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Some of the world's largest asset managers are rebuilding their gold positions following the recent price decline, betting that the long-term case for the precious metal remains intact despite growing expectations of tighter US monetary policy. Picture used for illustrative purpose.
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