Strategists see more upside to gold; silver a ‘credible’ alternative

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.