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Morningstar: The Case for Gold

LONDON, 13 August 2018 – Comment from BullionVault features today in a report on the case for gold as a portfolio hedge from investment ratings service Morningstar.

Quoting a raft of senior fund managers and bullion-bank analysts, Morningstar notes that selling among BullionVault users fell this summer to a 10-year low.

"It could be that people want to sell but the price is too low," says Adrian Ash, director of research at the physical bullion trading platform.

"[But] our clients tend to take a long-term view and manage their risk using physical gold as a portfolio hedge. They are quite contrarian, and I get the sense they think this is a great opportunity for long-term investors."

You can read the full story at Morningstar here:

Gold Price Likely to Hit $1,300

Source: 
Morningstar

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