SaxoTV

3 reasons investors are buying gold amid market losses

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Ole Hansen, Saxo Bank's Head of Commodity Strategy, gives us three reasons why investors are buying gold amid market turmoil.

With a question mark now hanging over over the expected path of US rate rises leading to a weaker US dollar, plus safe-haven flows to the Japanese yen and euro, gold is attracting buyers.

Institutional investment is also moving from a record short position to neutral as hedge funds shift their strategies, another reason why gold is making gains.