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 […]