The Outlook For Gold

Simon Turner

Senior Equity Analyst

8 am October 27, 2020

Is recent strength a sign of what’s to come?

The gold price (shown below in USD) has risen 25% through 2020, driven primarily by falling real interest rates and COVID-inspired global economic uncertainty, which has led to growing demand for uncorrelated and defensive assets such as gold.

Given most investors are under-exposed to the gold sector, is now a good time to lift exposure?

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