Investment Commentary: Looking into Q4 2014

Published 27th October 2014

Categories: Investment

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The latest edition of our Investment Commentary examines gold’s performance year-to-date and explores relevant macroeconomic factors that can influence gold’s performance into Q4 2014.

In our view, there are four main reasons investors should view gold as a valuable portfolio component today:

  • Positive economic growth is supportive of gold’s long-term demand
  • Rising interest rates do not necessarily push gold prices down
  • Gold’s cost effectiveness makes it an attractive portfolio hedge compared to other strategies
  • Constraints in mine production and falling gold recycling have kept the market in balance.