by 4.3%, and long-dated US Treasuries by 20.4%. In a recent note, a financial research firm outlined four ways investors can gain exposure to rising gold prices.Earlier in 2024, gold prices surged to new record levels, with the yellow metal surpassing $2,400 an ounce last month.
Market participants in China, like their global counterparts, are curious about the drivers of gold-buying activity. This demand is likely due to cultural biases and a lack of trust in local governments, the rule of law, or domestic financial institutions. As a result, gold becomes a natural destination for savings in these economies.
For investors seeking to capitalize on this potential scenario, the financial services firm suggested four ways to gain exposure to rising gold prices.:’ According to Gavekal, these companies tend to offer a lower beta to changes in the gold price and often trade at high valuations.:’ After a decade of underperformance, these stocks are attractively valued and under-owned. However, there are several issues to consider here, as highlighted by Gavekal’s analysts.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Investingcom - 🏆 450. / 53 Read more »
Source: PoPville - 🏆 435. / 53 Read more »
Source: NBCLA - 🏆 319. / 59 Read more »
Crypto market stumbles amid arrest of Samourai Wallet foundersDespite favorable market sentiment, the crypto market briefly fell amid the arrest of Samourai Wallet founders.
Source: Cointelegraph - 🏆 562. / 51 Read more »