What should the pace of reductions be? The slower, the better, says research sage Jim Woods.
This battered asset class should benefit from a host of new developments—such as a weaker dollar.
Many institutions, wary of the asset class’s notorious volatility, keep their exposure low despite raw material price climbs.
In a time of LDI and other de-risking, they seem less risky than stocks, yet offer decent returns.
Forecasts say the yellow metal may reach $1,500 an ounce in coming months.