For a measure of how much this week’s surge in gold prices may have caught many in the market by surprise, consider that hedge funds had just made their biggest-ever bearish wager on the metal days before

  • 📰 Bloomberg
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

Business News News

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Currently Gold is behaving like an ignored wife seeking attention. Rationality has long departed to be replaced with unpredictability as it dresses up and hits the town.

no one is minding the store !

Algorithms are killers... impossible to win.

It's almost random.

Buy precious metals now

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 97. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

World’s biggest hedge fund says stocks aren’t pricing in ‘near-recession’ U.S. growth next yearWe are just a few days away from Christmas, but spirits are low as a shutdown looms and investors are still coming to grips with an era of tighter money. Our call of the day has some bad news for those hoping U.S. growth will surprise on the upside next year.
Source: MarketWatch - 🏆 3. / 97 Read more »

Gold Is Having a Great Run and So Are Gold StocksGold’s advance has come in the face of the continued rally in stocks and other risky assets—instead of moving in the opposite direction of those investments. well noted marketwatch .Vanguard_Group Bad timing on changing the name/strategy of former precious metals fund.
Source: MarketWatch - 🏆 3. / 97 Read more »

Citron's Left calls Tilray surge its 'worst day ever' in marketAndrew Left, one of Wall Street's most prominent short-sellers, said Tilray...
Source: Reuters - 🏆 2. / 97 Read more »