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Ray Dalio, BlackRock, Goldman Sachs, Others Rush To GLD - Goldman Sachs Physical Gold ETF Shares (BATS:AAAU), SPDR Gold Trust (ARCA:GLD)

Summary by Benzinga
Gold rush is back, and hedge funds like Ray Dalio's Bridgewater are rushing in with $318.8 million in GLD. Gold is the new safe haven for investors.

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In the deep forests and sparkling waterways of Norrland, an ancient dream is coming to life: the gold rush. During the 19th century, gold rushes attracted adventurers to the Klondike and California, but today it is Norrland’s mineral-rich lands that attract modern treasure hunters. With rising gold prices and new technology making exploration more accessible, the gold rush has had a renaissance in Sweden’s… Source

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Benzinga broke the news in New York, United States on Thursday, May 15, 2025.
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