---
title: "Fund Managers Flip On Gold For First Time Since March 2023"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293535435.md"
description: "Fund managers now view gold (XAU) as the most undervalued asset since March 2023, with a net 6% in Bank of America’s July survey calling it cheap. according to BeInCrypto, the BofA Global Fund Manager Survey polled 181 institutional managers overseeing $484 billion in assets, and gold has bounced 3.5% in two days from the $3,900-$4,000 support zone."
datetime: "2026-07-23T00:00:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293535435.md)
  - [en](https://longbridge.com/en/news/293535435.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293535435.md)
---

# Fund Managers Flip On Gold For First Time Since March 2023

Fund managers now view gold (XAU) as the most undervalued asset since March 2023, with a net 6% in Bank of America’s July survey calling it cheap. according to BeInCrypto, the BofA Global Fund Manager Survey polled 181 institutional managers overseeing $484 billion in assets, and gold has bounced 3.5% in two days from the $3,900-$4,000 support zone.

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