Gold has certainly been on the nose over the last three months given expectations of an increase in inflation on the back of low interest rates, pushing housing prices higher as well as the vast amount of fiscal stimulus about to start around the world.
We are looking to add GOLD to client’s portfolios up to a maximum of 5%. Using the GOLD ETF takes out all the company risk. It basically just looks at the overall gold commodity. I think GOLD will come back into favour and will have its time to shine as investors look to reduce the impact of inflation on their portfolios.
