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CryptoGlobe
2024-09-17 10:37:53

Major Global Bank Shifts 100% of Commodity Holdings to Gold as Demand Soars — Is $2800 in Sight?

Major Global Bank Shifts 100% of Commodity Holdings to Gold as Demand Soars — Is $2800 in Sight?

In a bold move, Societe Generale has shifted 100% of its commodity allocation to gold, driven by geopolitical risks and a weakening broader commodity market, according to a report by Ernest Hoffman for Kitco News. Société Générale (SocGen) is one of France’s largest and oldest financial institutions, founded in 1864. It is a multinational investment

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