Gold investors eye beta opportunities as rally rolls on

Value soars over one year to $1,532.45

Central banks and global private investors boosted gold holdings in the face of macro concerns

Central banks and global private investors boosted gold holdings in the face of macro concerns

With this year's gold rally set to spiral onwards into the final quarter of 2019, fund managers investing in the metal are eyeing lucrative beta opportunities as a way of boosting performance throughout markets' ongoing flight to safety.

The value of gold soared 28.4% over one year to $1,532.45 as of 3 September, having increased about 20% since the beginning of June, as both central banks and global private investors have upped holdings in the face of macro concerns and the proliferation of negative-yielding debt. Bitcoin, gold and the cash crash With central banks increasing their holdings to the 400-tonne mark since the beginning of the year - in the highest level of accumulation on an annual basis since they became net purchasers in 2010, according to the World Gold Council - fund managers believe gold's value cou...

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