With friends like Goldman Sachs, does gold need enemies?

Section:

Goldman Says Case to Diversify With Gold 'as Strong as Ever'

By Yvonne Yue Li
Bloomberg News
Friday, December 6, 2019

Goldman Sachs Group Inc. said investors should diversify their long-term bond holdings with gold, citing "fear-driven demand" for the precious metal.

"Gold cannot fully replace government bonds in a portfolio, but the case to reallocate a portion of normal bond exposure to gold is as strong as ever," Goldman analysts including Sabine Schels said in a note today. "We still see upside in gold as late cycle concerns and heightened political uncertainty will likely support investment demand" for bullion as a defensive asset. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2019-12-06/goldman-says-case-for...



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