A role, not a guarantee
Gold may respond differently from equities and bonds, but its diversification properties are not constant. Real yields, currency movements, liquidity and investor positioning can all influence prices.
Understand the implementation
Physical holdings, funds, futures and options introduce different costs and risks. The choice of instrument should follow the investment objective, liquidity needs and ability to manage collateral.
Size within the whole portfolio
A risk allocation framework evaluates how gold behaves alongside other exposures. Scenario analysis can reveal vulnerabilities that a simple historical correlation may miss.
Investing involves risk, including possible loss of principal. Past performance is not indicative of future results. Information presented on this website is for informational purposes and should not be interpreted as individualized investment, legal, or tax advice.
All Insights