The WGC says in environments like its base case, gold tends to exceed its own long-term performance. It says the combination of stock market volatility and ……..geopolitical and financial crises or ‘event risk’ …….are likely to keep hedging strategies like gold buying popular.
“Further, based on market consensus expectations, slightly lower interest rates and a weakening US dollar will help gold by reducing its opportunity cost for investors,” the WGC said in its second half outlook report.
“This is consistent with the three previous hold cycles, which have lasted between six and 12 months. During these periods, gold had an average monthly return of 0.7% – equivalent to an 8.4% annualised return – and above its long-term performance.
“As we have discussed in the past, this generally happens because gold is influenced by
DYOR
bond yields rather than actual policy rates, as the former include market expectations of future policy decisions and the likelihood of a subsequent recession.”
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Last
$2.20 |
Change
0.000(0.00%) |
Mkt cap ! $2.507B | |||
| Open | High | Low | Value | Volume |
| $2.26 | $2.26 | $2.20 | $9.934M | 4.472M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 62873 | $2.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.22 | 80286 | 2 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| WAF (ASX) Chart |