How are events around the world impacting gold prices? Maria Merricks talks to Investec, JPM and other top managers.
A combination of world events has seen the price of gold hit record highs in recent years. At the time of writing, the precious metal was trading at over $1,400 an ounce, up from less than $500 five years ago. Such a hike in prices could potentially put investors off the asset class, but managers stress they should not be deterred. Gold has long been a staple in investment portfolios, its ‘safe haven' characteristics protecting wealth in the face of market crises. Traditionally, the asset class has been considered one of the best hedges against inflation and is commonly used as a d...
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