The Global Financial Stability Report published by the International Monetary Fund (IMF) highlights the relevance of gold as a safe asset, especially in the midst of rising risk levels among multiple global metrics including the worldwide stock markets. The report notes that there are clear reasons to believe that gold will move upwards. It advises holding gold in the near term and long term. According to IMF report, gold has declined by as much as 11% from its April ’18 high. Also, the year-to-date gold price is down by around 7% when compared with 2017. This downfall is mainly on account of the 7% jump in U.S. ... (full story)