Gold is increasingly being viewed as a valuable diversification tool in light of U.S. economic and policy uncertainties, according to Schroders' Patrick Brenner. He emphasized gold's safe-haven status and its low correlation with traditional assets as reasons for its growing appeal. As traditional market support and resistance levels fluctuate, investors are turning to gold to mitigate risks. Brenner identified policy uncertainty, fiscal fragility, and concerns over U.S. Treasuries as primary drivers of this trend.
Gold Gains Favor as Diversification Amid U.S. Economic Uncertainty
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
