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Gold still has an important duty to play in an investment profile also as capitalist expectations for a quick recovery grabs after the worldwide economic climate was devastated by the COVID-19 pandemic, according to one investment firm.
In a meeting with Kitco News, Steven Dunn, head of exchange traded items at Aberdeen Criterion Investments said that the only negative allocation to gold is no allocation, even as financier sentiment improves, driving equity markets back to tape assessment.
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Gold prices will continue to do well in lower interest rate environment
Gold still has an important role to play in an investment portfolio even as investor expectations for a quick recovery picks up after the global economy was devastated by the COVID-19 pandemic, according to one investment firm.
In an interview with Kitco News, Steven Dunn, head of exchange traded products at Aberdeen Standard Investments said that the only bad allocation to gold is no allocation, even as investor sentiment improves, driving equity markets back to record valuation.
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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