Mike McGlone — Hedge Funds Push Gold Towards $3,000 Amid Global Market Uncertainty

In a recent interview, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, highlighted the significant role of hedge funds in the continued rise in gold prices. McGlone shared his insights on the impact of macroeconomic factors, including China’s economic slowdown and the Federal Reserve’s monetary policies, on the commodity market. Gold Eyes $3,000 Mark in the middle of the hedge fund (…)