04.11.2013 - Gold’s short- and long-term outlook
While gold traders have squared their books for month-end and added to price volatility, a latest report from the World Gold Council (WGC) 'Why Invest in Gold?' urged investors not to overly focus on the daily swings of gold prices. The WGC said that gold should be viewed as a strategic asset, which can bring downside protection and portfolio diversification without sacrificing long-term returns. In a traditional portfolio of 60% equities and 40% fixed income, an optimal gold allocation would be five to six percent...............................................Full Article: Source
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