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Adding gold to your portfolio

Published Sun, Jul 31, 2016 · 09:50 PM

CURRENTLY gold is in favour as an alternative currency to store value in lieu of unconventional expansionary monetary policies conducted by central banks.

The Bank of Japan and European Central Bank are conducting quantitative easing and adopting negative interest rates while the Bank of England is looking possibly to embark on a quantitative easing program.

Gold may outperform in this environment as it is not subjected to the intervention of any single government's monetary policy and has reduced risk of its value being diminished.

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