Goldhub Research Investment Commentary Latest issue Investment Commentary Read the latest report Investment Commentary: First half 2014 Gold is up by 9.2% so far this year. This surprised many market participants as most analysts predicted lower prices. Some investors took advantage of last year’s price correction to buy gold but investment demand has remained tepid. We consider that the current environment of high bond issuance, tight credit spreads and record low volatility continues to offer a prime opportunity for investors to add gold. In our view, gold can reduce overall portfolio risk and it is cheaper to implement than many volatility-based strategies. 13 July, 2014 Gold Investor: risk management and capital preservation - Volume 6 The sixth edition of Gold Investor discusses gold’s role as a liquid alternative to stocks, bonds and cash, and highlights its ability to improve portfolio risk-adjusted returns for investors – even if they hold other alternative assets. The latest edition (Volume 6, June 2014) includes three articles: I. How gold improves alternative asset performance II. Gold: metal by design, currency by nature III. The most liquid of all ‘liquid alts’ 18 June, 2014 Gold Investor: risk management and capital preservation - Volume 5 In this fifth edition of Gold Investor we analyse gold’s effectiveness as a risk mitigating strategy, particularly relevant in today’s interconnected global economy. It includes three articles: I. Hedging EM risks? Think gold; II. Can gold replace bonds in balancing equity risk?; III. A perspective on gold as a hedge in an expanding financial system. 25 March, 2014 Gold Price Chronology 1971-2007 10 March, 2014 Investment Commentary: 2013 review and 2014 outlook We view the direction of the US dollar as well as the strength of Asian demand as key indicators of gold sentiment. Further, potentially reduced mine production at lower prices should, in our view, limit the downside. Finally, our research shows that gold should not be looked at in isolation but as part of portfolio and that a small strategic allocation can reduce the long-term level of risk. 31 January, 2014 Why invest in gold? Gold's role in long-term strategies The merits of gold as an investment receives a lot of attention. Investors and market commentators fervently debate whether it could or should be used to protect against inflation, to hedge US dollar exposure, or even tail risk events. And while there is enough literature for and against gold’s roles… 31 October, 2013 Gold and currencies: the evolving relationship with the US dollar For centuries gold has played an integral role in the monetary system as a unit of exchange and a monetary anchor. While gold no longer plays a formal role in the existing system of floating exchange rates and fiat money, gold has retained several currency characteristics. 31 October, 2013 Gold Investor: risk management and capital preservation - Volume 4 This fourth edition of Gold Investor includes two articles: I. Why Invest in gold? Gold’s role in long term strategies; II. Gold and currencies: the evolving relationship with the US dollar. The role of gold and its benefits have been largely debated within the investment community. Throughout its two articles, Gold Investor highlights the benefits of investing in gold in the context of investment portfolios and details the past, current and future relationship between gold and the US dollar. 30 October, 2013 Prev Page 60 of 69 Next Latest research Looking for insight and analysis on gold? Our team of experts produce market-leading research and macroeconomic commentary on gold.
Investment Commentary: First half 2014 Gold is up by 9.2% so far this year. This surprised many market participants as most analysts predicted lower prices. Some investors took advantage of last year’s price correction to buy gold but investment demand has remained tepid. We consider that the current environment of high bond issuance, tight credit spreads and record low volatility continues to offer a prime opportunity for investors to add gold. In our view, gold can reduce overall portfolio risk and it is cheaper to implement than many volatility-based strategies. 13 July, 2014
Gold Investor: risk management and capital preservation - Volume 6 The sixth edition of Gold Investor discusses gold’s role as a liquid alternative to stocks, bonds and cash, and highlights its ability to improve portfolio risk-adjusted returns for investors – even if they hold other alternative assets. The latest edition (Volume 6, June 2014) includes three articles: I. How gold improves alternative asset performance II. Gold: metal by design, currency by nature III. The most liquid of all ‘liquid alts’ 18 June, 2014
Gold Investor: risk management and capital preservation - Volume 5 In this fifth edition of Gold Investor we analyse gold’s effectiveness as a risk mitigating strategy, particularly relevant in today’s interconnected global economy. It includes three articles: I. Hedging EM risks? Think gold; II. Can gold replace bonds in balancing equity risk?; III. A perspective on gold as a hedge in an expanding financial system. 25 March, 2014
Investment Commentary: 2013 review and 2014 outlook We view the direction of the US dollar as well as the strength of Asian demand as key indicators of gold sentiment. Further, potentially reduced mine production at lower prices should, in our view, limit the downside. Finally, our research shows that gold should not be looked at in isolation but as part of portfolio and that a small strategic allocation can reduce the long-term level of risk. 31 January, 2014
Why invest in gold? Gold's role in long-term strategies The merits of gold as an investment receives a lot of attention. Investors and market commentators fervently debate whether it could or should be used to protect against inflation, to hedge US dollar exposure, or even tail risk events. And while there is enough literature for and against gold’s roles… 31 October, 2013
Gold and currencies: the evolving relationship with the US dollar For centuries gold has played an integral role in the monetary system as a unit of exchange and a monetary anchor. While gold no longer plays a formal role in the existing system of floating exchange rates and fiat money, gold has retained several currency characteristics. 31 October, 2013
Gold Investor: risk management and capital preservation - Volume 4 This fourth edition of Gold Investor includes two articles: I. Why Invest in gold? Gold’s role in long term strategies; II. Gold and currencies: the evolving relationship with the US dollar. The role of gold and its benefits have been largely debated within the investment community. Throughout its two articles, Gold Investor highlights the benefits of investing in gold in the context of investment portfolios and details the past, current and future relationship between gold and the US dollar. 30 October, 2013
Investment Commentary: First half 2014
Gold is up by 9.2% so far this year. This surprised many market participants as most analysts predicted lower prices. Some investors took advantage of last year’s price correction to buy gold but investment demand has remained tepid. We consider that the current environment of high bond issuance, tight credit spreads and record low volatility continues to offer a prime opportunity for investors to add gold. In our view, gold can reduce overall portfolio risk and it is cheaper to implement than many volatility-based strategies.
Gold Investor: risk management and capital preservation - Volume 6
The sixth edition of Gold Investor discusses gold’s role as a liquid alternative to stocks, bonds and cash, and highlights its ability to improve portfolio risk-adjusted returns for investors – even if they hold other alternative assets.
The latest edition (Volume 6, June 2014) includes three articles:
I. How gold improves alternative asset performance
II. Gold: metal by design, currency by nature
III. The most liquid of all ‘liquid alts’
Gold Investor: risk management and capital preservation - Volume 5
In this fifth edition of Gold Investor we analyse gold’s effectiveness as a risk mitigating strategy, particularly relevant in today’s interconnected global economy.
It includes three articles: I. Hedging EM risks? Think gold; II. Can gold replace bonds in balancing equity risk?; III. A perspective on gold as a hedge in an expanding financial system.
Gold Price Chronology 1971-2007
Investment Commentary: 2013 review and 2014 outlook
We view the direction of the US dollar as well as the strength of Asian demand as key indicators of gold sentiment. Further, potentially reduced mine production at lower prices should, in our view, limit the downside. Finally, our research shows that gold should not be looked at in isolation but as part of portfolio and that a small strategic allocation can reduce the long-term level of risk.
Why invest in gold? Gold's role in long-term strategies
The merits of gold as an investment receives a lot of attention. Investors and market commentators fervently debate whether it could or should be used to protect against inflation, to hedge US dollar exposure, or even tail risk events. And while there is enough literature for and against gold’s roles…
Gold and currencies: the evolving relationship with the US dollar
For centuries gold has played an integral role in the monetary system as a unit of exchange and a monetary anchor. While gold no longer plays a formal role in the existing system of floating exchange rates and fiat money, gold has retained several currency characteristics.
Gold Investor: risk management and capital preservation - Volume 4
This fourth edition of Gold Investor includes two articles: I. Why Invest in gold? Gold’s role in long term strategies; II. Gold and currencies: the evolving relationship with the US dollar.
The role of gold and its benefits have been largely debated within the investment community. Throughout its two articles, Gold Investor highlights the benefits of investing in gold in the context of investment portfolios and details the past, current and future relationship between gold and the US dollar.