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Why Ray Dalio Recommends Holding 5%–10% in Gold

Annie Gilroy
Why Ray Dalio Recommends Holding 5%–10% in Gold

Ray Dalio, chair and chief investment officer of Bridgewater Associates, has maintained the fund’s stake in the SPDR Gold Shares ETF (GLD) and the second-largest physical gold-backed ETF, the iShares Gold Trust ETF (IAU). Bridgewater Associates kept its holdings at 3.91 million shares in GLD and 11.31 million shares in IAU in the third quarter, according to Fintel.