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 Global IT Outage Causes Financial Chaos and Delays READ MORE Social Security at a Crossroads: Can the System Survive an Aging America? READ MORE Fed's Rate Strategy for 2024: Stability Over Cuts, Says One Wall St Analyst READ MORE Warning Signs: Recent Bank Failures and the Fragile Global Financial System READ MORE "Russian and Chinese are brothers forever" – Putin and Xi Challenge Western Dominance READ MORE Add a Comment Cancel replyYour email address will not be published.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