The relevance of gold as a strategic asset
Gold is long considered a beneficial asset during periods of uncertainty. Historically, it generated long-term positive returns in both good times and bad. Looking back almost half a century, the price of gold has increased by an average of 10% per year since 1971 when the gold standard collapsed.4 Over this period, gold’s long-term return was comparable to stocks and higher than bonds.5 Gold has also outperformed other major asset classes over the past two decades.
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