Four reasons the gold price has entered a new bull market
By GCRU Gold News on Friday, August 25 2017, 00:03 - Permalink
If we look at history for guidance, then we see gold has the potential to perform very well in periods of stockmarket weakness.
Gold’s perceived “safe haven” status is well-supported with hard evidence. For example, if we look back at gold price performance between 1961 and July 2017 (see chart 1 below), it is very clear that gold price annual returns were positive, particularly during periods of high inflation, while stockmarket returns were negative.