Gold can offer protection against systematic risk – SocGen
|Gold has snapped a four-day losing streak. Economists at Société Générale recommend holding the yellow metal in order to stabilise portfolio volatility.
Holding Gold and CHF can help stabilise portfolio volatility
“Systemic risks are a common feature after a round of policy tightening of this kind. Holding Gold and CHF can help stabilise portfolio volatility.”
“We see Gold at $1,650 by 4Q23 but $1,900 by 2025.”
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