Summary
- Gold prices have been rising amid expectations of Fed rate cuts and its safe-haven allure.
- Declining yields on US government bonds tend to boost the demand for non-yielding assets such as gold.
- Fundamentals point to continuing strength, but valuations are high, which could lead to some near term volatility.
Actionable Ideas
- Gold investing
Gold offers the potential for stability in times of excessive global debt and rising geopolitical risks.
- Multi-Asset approach
A multi-asset approach can benefit from investing across multiple asset classes including gold, which can help enhance diversification.
Key Dates
18 Mar EZ CPI |
19 Mar |
20 Mar Fed Monetary policy, UK and South Africa CPI |