According to an article published by the World Gold Council, as reported by Odaily Odaily, perceptions of gold have changed dramatically over the past two decades, reflecting increased wealth in the East and a growing global emphasis on its role in institutional portfolios. Gold's unique properties as a scarce, highly liquid, and uncorrelated asset enable it to serve as a risk diversification tool in the long term. Its status as both an investment and a luxury item has resulted in an annualized return of 9% since 1971, comparable to stocks and even higher than bonds and commodities. Gold's traditional role as a safe-haven asset means it will be effective during periods of high risk. However, its dual appeal as both an investment and a consumer good means it can also generate positive returns during prosperous times. This dynamic is likely to continue, reflecting ongoing political and economic uncertainty, as well as economic concerns about the stock and bond markets. (Jinshi)
World Gold Council: The dynamic of gold generating positive returns during boom times is likely to continue.
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