What's Next for Gold?

Rising inflation, the growing popularity of cryptocurrencies, and central bank policy are just some of the things currently impacting the gold price

Sunniva Kolostyak 9 July, 2021 | 3:52AM
Facebook Twitter LinkedIn

Multiple gold bars

For thousands of years, gold has been something investors buy to store value. Whether in the form of jewellery, ETFs or bars and coins, gold has long been an asset used to protect against the consequences of a financial crisis or inflation.

Technically, says Morningstar analyst Alex Bryan, gold is only worth what someone else is willing to pay for it – but in reality, it has a proven track record as a safe haven to preserve wealth. The gold price has grown on average 11% a year over the past 20 years, outpacing both the consumer price index (inflation) and cash savings.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

Passionate About Investing in New Ideas?

Explore the Latest Global Thematic Fund Landscape Report Here

Facebook Twitter LinkedIn

About Author

Sunniva Kolostyak  is data journalist for Morningstar.co.uk

© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy