Is gold a good investment today?
“Despite its dwindled significance in South Africa’s economy, gold has remained a useful investment alternative with significant returns recorded in periods, especially in times of increased uncertainty, notes Old Mutual in a report. . . [T]he price of gold has a very low correlation to the various mainstream asset classes. ‘The tendency for gold to move independently from other markets helps to smooth out the overall volatility of a diversified investment portfolio. . . ‘”