THE WEALTH CODE
Strategic case for precious metals
The potential for differentiated performance is what allows gold and silver to strengthen diversification
GOLD’S recent price action highlights the distinction between a tactical market view and a strategic portfolio allocation.
In the near term, higher real interest rates and a stronger US dollar weigh on gold, which generates no income and becomes relatively less attractive than yielding assets. Those conditions may shape its price over the coming months.
They do not diminish the longer-term role it can play in a diversified portfolio. That strategic case extends beyond the next central bank decision.
