ADVFN US – Market Content Editor

Gold surged past the $4,000 per ounce level for the first time on Wednesday, extending its impressive year-to-date rally to more than 50%. UBS Chief Investment Officer Mark Haefele advised investors to keep a “mid-single-digit percentage allocation to gold,” emphasizing the metal’s role as a reliable hedge against inflation and broader market uncertainty. UBS expects…

Analysts at Macquarie said the current market climate highlights a growing divide between optimism over artificial intelligence (AI) and caution surrounding global political and economic risks. In their latest Market Pulse note, the firm wrote, “Optimists buy tech, pessimists buy gold, hedgers buy both.” Macquarie described the simultaneous rallies in AI-related equities and gold as…

Macro hedge funds have scaled back their negative exposure to the equity market in recent months, according to strategists at JPMorgan. In a research note, a team led by Nikolaos Panigirtzoglou highlighted that speculative long positions in U.S. equity futures are now sitting close to their long-term median. This suggests that hedge funds’ positioning in…

Bank of America (BofA) reported that investors pulled significant funds out of U.S. equities last week, marking the largest equity ETF outflows since January 2024, as sentiment showed clear signs of “large-cap fatigue.” According to BofA, clients were “net sellers of U.S. equities for the 4th straight week,” with “sales of both single stocks (-$0.8bn)…

Morgan Stanley expects copper prices to remain strong well into 2026, supported by persistent supply disruptions and a softening U.S. dollar that are tightening global market conditions. In a note to investors on Wednesday, the bank said that “a weakening dollar and supply disruptions at major copper producers are pushing metal prices higher,” leading analysts…

HSBC has raised its silver price forecasts, predicting that the metal could soon revisit—and potentially surpass—its all-time high from 2011. The bank said the powerful rally in gold is now spilling over into other precious metals that serve as safe-haven assets, driving silver sharply higher. In its latest outlook, HSBC increased its 2025 average silver…

Goldman Sachs said that while the stock market is showing patterns similar to those seen before previous bubbles, the current rally—particularly in technology shares—appears to be supported by solid fundamentals rather than excessive speculation. In a note to clients on Wednesday, the bank stated that “the equity bull market and the continued ascent of leading…

Bank of America (BofA) said this week that several technical indicators suggest the recent surge in gold prices may be nearing exhaustion as the precious metal approaches the psychologically important $4,000-per-ounce mark. “Earlier this year we presented bullish setups for precious metals,” BofA noted, adding that “gold joined the broader rally by breaking higher from…