Gold, a strategic asset-US edition 2021
WGC published the report 2021 Recently the World Gold Council (WGC) published the report, the relevance of gold as a strategic asset, US edition- 2021. The report focuses on the key question for investor, what makes gold a strategic asset? And reports, Gold benefits from diverse sources of demand: as an investment, a reserve asset, jewellery, and a technology component. It is highly liquid, no one’s liability, carries no credit risk, and is scarce, historically preserving its value over time. Extraordinary times with extraordinary opportunities: 2020 posed unprecedented challenges to investors as the first global pandemic in a century ravaged the world economically and socially. Covid-19 significantly increased uncertainty by compounding existing risks and creating new ones. The rollout of new vaccines at the end of last year fuelled optimism that the worst was over. Yet the pandemic and the ensuing policy response from governments will likely have unintend...