Tag Archive: undervalued

Is Gold Undervalued?

The gold market is currently sitting at multi-month highs, and the yellow metal could potentially have more gains in store. According to a recent article from Kitco.com, the latest Bank of America fund manager survey showed one third of respondents saying that gold was the best hedge against protectionism. The article went on to state that with a net margin of 15%, the respondents said that gold was undervalued. The article then added that this was the second time investor sentiment has reached this level,... Continue Reading

Category |