Live Updates > Live Update Details
2026-07-16 13:00:11
[Fidelity International plans to increase its gold holdings at an opportune time, with strong long-term momentum] (1) Fidelity International stated that it will increase its gold holdings, which it reduced earlier this year, at an appropriate time, believing that the long-term momentum of gold is strong and that increasing holdings is just a matter of timing. (2) Investment manager Ian Samson said that he reduced his gold allocation to neutral in January and February this year (when the gold bull market suddenly ended) and expects the gold market to re-enter a bull market sometime in 2027. (3) The bull market logic will only be broken when governments restore fiscal discipline and central banks are truly committed to suppressing inflation, but this is not the case in the current world; at the same time, continued central bank gold purchases will continue to support gold prices.
