Q&A: Gold as a Safe Haven?

Question

Duncan, should I consider gold as a possible safe haven for some portion of my portfolio?

Answer

The volatility of gold prices (and of commodity prices in general) is much like that of stock returns. Gold is far from a safe haven.

Duncan R Glassey
Senior Partner – Wealthflow LLP

duncan.glassey@wealthflow.com

This article is distributed for educational purposes and should not be considered investment advice or an offer of any product for sale. This article contains the opinions of the author but not necessarily the Firm and does not represent a recommendation of any particular security, strategy or investment product. Information contained herein has been obtained from sources believed to be reliable, but is not guaranteed. Past performance is not indicative of future results and no representation is made that the stated results will be replicated. Errors and omissions excepted.