Investors are allocating most to gold since 2012
JPMorgan analysts say investment in the precious metal has risen in the past year.
Gold investment has risen over the past year, driven by central bank purchases, with overall implied allocations by non-bank investors at the highest since end-2012, JPMorgan Chase & Co. analysts including Nikolaos Panigirtzoglou said in a note.
The implied allocation to gold has been risi
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