Gold has performed remarkably well so far in 2024. According to World Gold Council, the yellow metal has thus far benefitted from continued central bank buying, Asian investment flows, resilient consumer demand, and a steady drumbeat of geopolitical uncertainty.
As an investment for the long-term investors, gold helps enhance portfolio diversification, acts as store of value, and offers a hedge against systemic risk.
As we look forward, the key question in investors’ minds is whether gold’s momentum can continue or if it is running out of steam.
What is your outlook for gold in the next 3 to 5 years?
I invite you to participate in this survey to share your insights. Please send me your feedback via email. The results of the survey will be covered in our next webinar.