Gold has performed remarkably well 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.
Before I hit the send button, I have been following the latest fire in Los Angeles, and it is truly intense. The news updates have been pretty overwhelming and I’m keeping an eye on the situation as it develops. I hope everyone including some of our friends stay safe and my heartfelt appreciation go out to the incredible first responders who courageously put themselves in harm’s way to protect homes and communities.