By Yvonne Yue Li
Bloomberg News
Saturday, June 28, 2025
Americans who once snapped up gold bars and coins are offloading the assets while their Asian counterparts show no letup in bullion buying, a sign investors on opposite sides of the world have different outlooks on the global economy.
... Dispatch continues below ...
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The divergence suggests U.S. residents who stash bars and coins at home or in safe deposit boxes--— akin to stock market day traders -- are more at ease about President Donald Trump's tariffs, rising government debt, and geopolitical tensions. And they're ready to cash in after the metal's stunning rally over the past two years.
Known as retail investors, these Americans are bucking broader market trends in which more wealthy investors continue to aggressively buy the haven asset as do sovereign funds and central banks. Meanwhile, Asian gold buyers are eschewing jewelry for bars and coins. ...
... For the remainder of the report:
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