Deep Dive: Not all gold has the same value for investors

‘Interest rate pivot’

clock • 4 min read

The current economic uncertainty, high interest rates and inflationary environment has created a case for exposure to gold, especially if the Federal Reserve maintains its current interest rate path, experts told Investment Week.

Hakan Kaya, senior portfolio manager at Neuberger Berman, said the potential interest rate pivot by the Federal Reserve, caused by the turmoil in the banking and real estate sectors, "could boost the demand for gold investments". Earlier this month, gold surged to its highest price since August 2020, reaching $2,022 an ounce, while it hit $2,112 in April 2020, in the midst of the pandemic. Deep Dive: Banks on shaky ground following instability in sector When reported in sterling, however, gold reached an all-time high in March 2023 at £1,649, according to data from the Royal Mint. ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Commodities

Charles Stanley Direct: Explaining the gold spike

Charles Stanley Direct: Explaining the gold spike

Reaching a record high

Rob Morgan
clock 05 December 2023 • 4 min read
London Metal Exchange wins legal case against nickel trading suspension

London Metal Exchange wins legal case against nickel trading suspension

Brought by Elliot IM and Jane Street

Elliot Gulliver-Needham
clock 30 November 2023 • 1 min read
RBC Brewin Dolphin's Janet Mui: Energy price volatility is here to stay

RBC Brewin Dolphin's Janet Mui: Energy price volatility is here to stay

Energy price shocks

Janet Mui
clock 21 November 2023 • 4 min read
Trustpilot