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Rich Young Americans Ditch Stocks as Gold and Crypto Inflows Surge

Moneywise Read original source (opens in a new tab)
The Story

News Summary

  • A Bank of America survey reveals wealthy young Americans hold just 28% of portfolios in stocks, favoring alternative assets.
  • Driven by market volatility and inflation fears, 93% plan to expand holdings in gold, real estate, and cryptocurrencies like Bitcoin, Ethereum, and Solana.
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XAUUSD price history

4321.60 -9.20% over the displayed period

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