Gold provided some protection against US sell-off
With the recent pullback in the S&P500 (~-10%), there is the usual "flight to safety" chat. Gold would have protected you against almost 50% of the fall (Gold +4.5%).
This does make the point for having commodities in a portfolio for diversification ....
This does make the point for having commodities in a portfolio for diversification ....
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.