Legendary Investor Ray Dalio Injected $319m into Gold in Q1

In recent weeks, the price of gold has experienced a significant drop, with analysts suggesting that investor sentiment has rapidly shifted, potentially contributing to the precious metal’s selloff. Despite the volatility, some major players are taking renewed interest in this precious metal, among them is billionaire investor Ray Dalio.

Dalio, the co-chief investment officer of Bridgewater Associates, has once again made a bold move into gold. Updated filings with the SEC show that over a million shares of SPDR Gold Shares were bought by Bridgewater during the first quarter of 2025. These holdings are valued at almost $319 million, marking a significant re-entry into the gold market for one of the world’s largest hedge funds.

SPDR Gold Shares is the biggest gold backed exchange-traded fund in the world, allowing investors exposure to gold without directly owning the physical metal. During Q1, the ETF’s total gold holdings rose by 61 tons as concerns over economic uncertainty, inflationary pressures, and geopolitical instability drove investors back to gold as a traditional safe haven asset.

Dalio’s Q1 investment echoes his previous bullish stance on gold. Between 2000 and 2022, Bridgewater steadily increased its investments in SPDR Gold Shares. At its pinnacle, the fund’s position was worth an estimated $400 million.

However, by Q4 2023, Bridgewater had exited its position entirely, only to return strongly this year amid renewed global tensions and economic fragility.

While gold prices surged to an all-time high of $3500 per ounce earlier this year, the second quarter saw a sharp pullback. As of the latest figures, spot gold was trading at $3187.50 per ounce. Even so, Dalio’s early move this year suggests a long-term strategic view rather than a short-term reaction.

Dalio has consistently spoken in favor of holding gold as part of a diversified portfolio, especially during uncertain times. In prior interviews, including one with CNBC, he emphasized that most investors lack sufficient exposure to gold.

He recommended allocating roughly 10% of one’s portfolio to the metal to help offset risks tied to fiat currency devaluation, inflation, and mounting geopolitical risks-including the evolving dynamics between Washington and Beijing. The tensions between this pair of major economies have been fueled by the ongoing tariff war, which had seen these countries increase tariffs imposed on their imports by over 100%.

With his latest multi-million-dollar injection, Ray Dalio has once again signaled confidence in gold’s role as a core asset, even amid market turbulence. Gold industry actors like Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) will be watching the geopolitical and macroeconomic indicators to assess the future trajectory of gold and its impact on their strategic direction.

NOTE TO INVESTORS: The latest news and updates relating to Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) are available in the company’s newsroom at https://ibn.fm/ATBHF

About MiningNewsWire

MiningNewsWire (“MNW”) is a specialized communications platform with a focus on developments and opportunities in the Global Mining and Resources sectors. It is one of 70+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled recognition and brand awareness.

MNW is where breaking news, insightful content and actionable information converge.

To receive SMS alerts from MiningNewsWire, text “BigHole” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.MiningNewsWire.com

Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
Los Angeles, CA
www.MiningNewsWire.com
310.299.1717 Office
Editor@MiningNewsWire.com

MiningNewsWire is powered by IBN