Fidelity Manager Ian Samson Signals A Return To Overweight Gold
The Fidelity International portfolio manager points to falling interest rates and a weakening dollar behind the renewed gold trade.
- Samson's desk had cut its gold exposure before this year's reversal.
- Central banks' sustained buying stands as the third pillar behind the call.
- Fidelity frames the shift as a long-term bull case, not a short-term rate bet.
Why it matters: Money managers buy gold precisely when they stop trusting the institutions that print money.
Bloomberg — Fidelity Plans to Rebuild Gold Holdings on Long-Term Bull Case ↗ · Jul 16, 20267/16/26 · ✓ Checked✓ Check