It is no secret that gold belongs in a well-diversified portfolio. But how high the share should be is the question. A rule of thumb that has been known for decades is that there should be five to ten percent gold in a portfolio. An extensive study by the investment strategy magazine fairvalue questioned this rule. In short, if you trusted this rule of thumb, the results were not the best. In the study, a typical mixed portfolio of 60 percent global equities and 40 percent euro-denominated gover
September is often the worst month for stocks. For gold, September is a good month from a seasonal perspective. Last month saw the price of gold fall by around seven percent, while the S&P lost 22 percent over the year. This was the worst month for the S&P since March 2020 and the worst month since September 2008. So gold has held up quite well despite the strong U.S. dollar and higher interest rates, beating U.S. Treasuries, domestic and foreign equities. So gold has shown itself to be