With global issues teetering on the edge, many investors are quickly diversifying their portfolios to protect against future risk, making now an obvious time to invest in gold, claim leading market strategists.
Kristina Hooper, chief investment strategist at Invesco, said in a recent interview, “This is the year everyone will believe in the Gospel of diversification. The argument for gold as an asset class is strong. There could be a number of years when you don’t think you need an asset like gold in your portfolio until the time comes when you realise you do.”
Follow the advice of the experts and buy gold today.
Gold bulls are holding firm on their bullish bets, with gold remaining attractive at a price of around $1,950 (£1,482) an ounce. Not only has recent upheavals confirmed gold’s ability to hold firm over short-term pressure, but the environment is also proved that the yellow metal is able to sustain high prices and solidify itself as a valuable, long-term diversified asset.
Geopolitical events are becoming more common, making it harder for investors to know when the next big uncertainty will hit. If you want to maintain a portfolio that can weather the storm in light of global circumstances, gold is the asset that will help you achieve this.
With gold prices continuing to soar as other commodities fall by the wayside, there is no better time to invest in the precious metal. Don’t hesitate, buy gold today.
