Gold 
Platinum 
“The breakout in gold prices at the end of August helped to propel gold prices to 12 new intraday record highs during September and the trend continued into the early days of October, with four new intraday record highs reached during the first eight calendar days of the month. The recent gains in prices could be followed by a period of consolidation or even a shallow pullback but the upward trend in gold prices remains intact for the medium term and any pullback in prices should be used as a buying opportunity.
Fundamentally, there are various reasons for investors to continue wanting to add gold to their portfolios as a hedge. At first glance, the increase in investment demand for gold may seem odd at a time when risk assets like equities are at record highs. But digging deeper reveals that much of the strength in equities is driven by the artificial intelligence story and expectations of lower rates, and there remain a lot of serious longer term political and economic concerns which warrant the addition of gold as a portfolio diversifier.”
The full Precious Metals Advisory report is available directly from CPM Group. For more information, visit their website, www.cpmgroup.com
*This information is solely an excerpt of a third-party publication and is incomplete. Please subscribe to the referenced publication for the full article. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
