Is gold overbought or underinvested? Why BofA metals research chief says entry points are coming; what you need to know
Is gold overbought or underinvested? Why BofA metals research chief says entry points are coming; what you need to know
Gold remains a strategic portfolio asset, despite recent surges, according to Bank of America's Michael Widmer. While currently overbought, gold is still underinvested, with significant room for portfolio allocation increases. Investors should watch for short-term dips of $100-$200 for buying opportunities, as volatility picks up, offering strategic diversification and protection during market uncertainty.
Gold remains a strategic portfolio asset, despite recent surges, according to Bank of America's Michael Widmer. While currently overbought, gold is still underinvested, with significant room for portfolio allocation increases. Investors should watch for short-term dips of $100-$200 for buying opportunities, as volatility picks up, offering strategic diversification and protection during market uncertainty.
Gold remains a strategic portfolio asset, despite recent surges, according to Bank of America's Michael Widmer. While currently overbought, gold is still underinvested, with significant room for portfolio allocation increases. Investors should watch for short-term dips of $100-$200 for buying opportunities, as volatility picks up, offering strategic diversification and protection during market uncertainty. 
