More and more pension funds are buying gold. it is a trend that looks like it is picking up slowly. As the sentiment changes this can pick up fast and push the gold price up, together with the money printing and economic uncertainty with increased debt. As more funds buy gold other funds do not want to be left behind out of Fear Of Missing Out (FOMO). This article below of a Swiss fund buying Gold is yet another example that hits the media. The second article shows gold is popular with 50 UK pension funds and $76bn worth of assets that want to increase their allocation to precious and industrial metals.
https://www.ipe.com/news/swiss-pension-fund-swaps-hedge-funds-commodities-for-gold/10053020.article
https://www.ipe.com/news/uk-schemes-look-to-increase-stake-in-precious-metals/10052857.article
https://www.ipe.com/news/dsm-pension-fund-invests-5-in-gold/10052723.article
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