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What does 2023 hold for gold?

From fidelity.co.uk

Gold has long been a staple in an investment portfolio - it comes with benefits like diversification and a lack of correlation with other investments such as shares. Historically it has also retained its value during volatile periods such as the 2008 financial crisis. Recent peaks in the gold price have come at times of geo-political uncertainty. It soared during the Eurozone currency crisis that followed the financial crisis, for example. Then it peaked again in the early stages of the pandemic before vaccines pointed the way to recovery. However, at the beginning of last year the allure of gold slowly ebbed away as ... (full story)

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  • Category: Fundamental Analysis