World Gold Council: The tendency of gold to generate positive returns during prosperous periods is likely to continue

Odaily Planet Daily reports that the World Gold Council has published an article stating that over the past twenty years, perceptions of gold have undergone significant changes. This reflects the increase in wealth in the Eastern region and the growing global recognition of gold’s role in institutional investment portfolios. Gold’s unique attributes as a scarce, highly liquid, and non-correlated asset enable it to serve as a risk diversifier over the long term. Its status as an investment and luxury asset has yielded an annualized return of 9% since 1971, comparable to stocks and even surpassing bonds and commodities. Gold’s traditional role as a safe-haven asset means it performs well during high-risk periods. However, its dual appeal as an investment and consumer good also allows it to generate positive returns during prosperous times. This dynamic is likely to continue, reflecting ongoing political and economic uncertainties and concerns about the stock and bond markets. (Jin10)