Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty

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Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market Uncertainty

   Bloomberg Intelligence China economic slowdown Cold War 2.0 Commodities Copper Crude Oil Economics Federal Reserve Geopolitical Tensions Gold Hedge Funds Mike McGlone    September 25, 2024  |  0

Mike McGlone — Hedge Funds Push Gold Toward $3K Amid Global Market UncertaintyIn a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, emphasized the significant role of hedge funds in gold’s ongoing price surge. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal Reserve’s monetary policies, on the commodities market. Gold Eyes $3,000 Mark Amid Hedge Fund […]  Read more »
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