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Has Gold Lost its Luster?
April 23, 2013 at 21:00 PM EDT
This article was written by Russ Koesterich, CFA, the iShares Global Chief Investment Strategist Of all the investment topics I’ve discussed with clients, whether to invest in gold usually elicits the most divergent opinions. As an investment that is almost impossible to value, people’s views on gold are often more a matter of philosophy than empirical fact. But for better or worse, following the most dramatic sell-off in years, gold’s role in a portfolio is back in focus. From the close on April 9th through the close on the 15th gold prices sank by more than 17%. Since the 15th gold prices have stabilized, with some evidence of fundamental buying entering the market. Investors unnerved by the sell-off are asking if this is the time to sell, while those who have been waiting for an opportunity to get into the market are asking if this is the right time to buy [for [...] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
This article was written by Russ Koesterich, CFA, the iShares Global Chief Investment Strategist Of all the investment topics I’ve discussed with clients, whether to invest in gold usually elicits the most divergent opinions. As an investment that is almost impossible to value, people’s views on gold are often more a matter of philosophy than empirical fact. But for better or worse, following the most dramatic sell-off in years, gold’s role in a portfolio is back in focus. From the close on April 9th through the close on the 15th gold prices sank by more than 17%. Since the 15th gold prices have stabilized, with some evidence of fundamental buying entering the market. Investors unnerved by the sell-off are asking if this is the time to sell, while those who have been waiting for an opportunity to get into the market are asking if this is the right time to buy [for [...]
