Gold investors eye beta opportunities as rally rolls on

Value soars over one year to $1,532.45

With this year's gold rally set to spiral onwards into the final quarter of 2019, fund managers investing in the metal are eyeing lucrative beta opportunities as a way of boosting performance throughout markets' ongoing flight to safety.

The value of gold soared 28.4% over one year to $1,532.45 as of 3 September, having increased about 20% since the beginning of June, as both central banks and global private investors have upped holdings in the face of macro concerns and the proliferation of negative-yielding debt. Bitcoin, gold and the cash crash With central banks increasing their holdings to the 400-tonne mark since the beginning of the year - in the highest level of accumulation on an annual basis since they became net purchasers in 2010, according to the World Gold Council - fund managers believe gold's value cou...