Gold’s unprecedented rally in record territory has attracted a lot of attention from fund managers; however, some funds are worried that the precious metal run has gone a little too far. According to Bank of America's latest Fund Manager Survey, 26% of survey participants said gold is overvalued. According to the survey, gold is the most overbought since August 2020. The precarious sentiment in the marketplace comes as the gold market continues to defy the odds as the market consolidates near last week’s record highs above $2448 an ounce. June gold futures last traded at $2,398.70 an ounce, up 0.44% on the day. While ... (full story)