Survey Shows Financial Advisors Favor Increasing Gold Allocations as Prices Rise Gold prices are up nearly 14% this year and are approaching record highs. Despite ongoing geopolitical conflicts and expectations for a Federal Reserve rate cut, financial advisors still recommend adding gold to portfolios. According to the latest Gold Perceptions Survey by State Street Global Advisors and the World Gold Council, almost 30% of surveyed advisors plan to increase their gold allocation in the next 12 to 18 months, while nearly two-thirds will maintain their current levels. Less than 10% intend to reduce their gold exposure. Most advisors allocate between 1% and 4.9% of their assets to gold, primarily through physically backed gold ETFs. Gold is valued as a safe haven during turmoil and benefits from a weakening U.S. dollar when the Fed cuts rates. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Futures Fall as Easing Geopolitical Strains Diminish Safe-Haven Appeal READ MORE T+1 Transition Troubles: How the Fast Pace of US Stocks Could Disrupt Currency Trades READ MORE S&P 500 Nears Worst Month in Over a Year as Rising Yields Signal Inflation Concerns READ MORE Silver: "A Quadruple From Here Is LOGICAL" READ MORE SOFR Options Hint at Cautious Fed Rate Increases in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment