WGC’s Hewitt: Gold Plays Role As Hedge Against Financial, Currency Weakness

The World Gold Council is highlighting the role of gold as a safety hedge after the metal rose against the U.S. dollar recently while stocks and commodities fell. “Gold has been a wealth preservation tool for centuries as it is an effective hedge against various risks including financial risk, currency weakness, inflation and tail risks for investors the world over,” says Alistair Hewitt, head of market intelligence at the World Gold Council.

Bookmark and Share