Strategists see more upside to gold; silver a ‘credible’ alternative
Strategists now see the yellow metal as an effective portfolio diversifier and a hedge against inflation, geopolitical instability and currency depreciation
Add BT as a preferred source
TEN to 20 years ago, few strategists actively recommended an exposure to gold. Historically, gold suffered decades of price stagnation and did not pay an income.
Today, gold’s status as a strategic asset has staged a remarkable turnaround; its record performance last year appears to have only burnished its desirability.
Strategists now see the metal as an effective portfolio diversifier, a hedge not only against inflation and geopolitical instability, but also against currency depreciation.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams
Is it time to scrap COE categories for cars?
