Has gold completed its bullish run as the equity market doesn't look very weak now? Does this mean that I should move away from the safe haven soon? Also, the physical demand for gold has decreased.
- Anonymous
My honest answer is that I don't know and it is very tough to predict. But I never consider gold as a great investment. Definitely, whenever there is a flight to safety, gold comes upfront. It definitely has a long history and preserves your value. But I think you should look at gold as an insurance and equity and fixed income as asset classes to invest in.
This article was originally published on July 13, 2020.
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