Gold Still Useful for Hedging Purposes
June 01, 2022 at 12:08 PM EDT
In the face of rising interest rates and a strong U.S. dollar, gold returns are decent though far from spectacular in 2022. For example, the largest gold-backed exchange traded fund is higher by 1.11% year-to-date as of May 30 — a far better showing than those offered by broader equity and...