Hedge Funds Slash Bullish Wagers on Gold Before War Jitters

By Yahoo! Finance   |   1 year ago
Hedge Funds Slash Bullish Wagers on Gold Before War Jitters

Investors reduced their bullish bets on gold to a four-month low before the Russia-Ukraine conflict escalated, driving up its safe-haven demand. Despite earlier pressures, gold rebounded due to geopolitical uncertainties.

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