Positive impactCommodity
Hedge Fund With 235% Return Says Gold Price Decline Is Temporary
Mint 2 hrs ago·24 Sept 2026, 9:22 pm
A hedge fund run by Raphael Lamm, known for its long‑short gold strategy, has posted a 235% return since its launch last year. The fund’s manager says the recent dip in gold prices is only a short‑term blip.
The comment matters because gold is often used as an inflation hedge and a safe‑haven asset; a shift in sentiment from a prominent fund can influence retail and institutional exposure through ETFs, mining stocks, and related derivatives. If the decline proves fleeting, investors may see a rebound in demand.
Going forward, market participants will watch inflation data, central‑bank rate decisions and any escalation in geopolitical tensions, all of which can drive gold’s longer‑term trajectory. Inventory levels and futures positioning will also be closely monitored.
Excerpt from Mint
Australian hedge fund manager Raphael Lamm, whose long-short gold fund has delivered a net return of more than 200% to investors since its launch last year, sees the recent decline in bullion as temporary, arguing that the key forces underpinning its long-term rally remain intact. (Bloomberg) -- Australian hedge fund…Read the original at Mint
Key takeaways
- Category: Commodity.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.
