Investment managers have branded Goldman Sachs' recent call to short gold as "stupid" and "irresponsible", as many predict the yellow metal has further to run or will at least revert back to offering safe-haven characteristics in times of market stress.
Last week, Goldman Sachs analysts released a note arguing the recent rally in gold, one of the best performing asset classes over the past quarter – up nearly 12%, had been overdone and urging investors...
Follows 'outstanding' 2015
Joins from BNY Mellon subsidiary
Assets have reached €300m
Election threat to global markets
Key issues for investors