![](https://si-interactive.s3.amazonaws.com/prod/ai-cio-com/wp-content/uploads/2024/07/16095157/CIO-071624-Why-Gold-Makes-Sense-for-the-Long-Term-1268421636-web-200x140.jpg)
Asset Allocation
Why Gold Makes Sense for the Long Term, Analyst Says
The precious metal can be volatile, but it is worthwhile to hold over time, counsels State Street’s Milling-Stanley.
The precious metal can be volatile, but it is worthwhile to hold over time, counsels State Street’s Milling-Stanley.
The metal’s price is way up, but it tanked after the resolution of the 2011 federal default crisis and could face further volatility this year.
One factor that gives silver a boost is its use in renewable energy products, DataTrek says.
Centered on surviving a bleaker world, Bank of America’s updated version has better market performance.
The commodity has been having a good month despite a recent report of low demand.
Investors could see either a 1970s-style double-digit ripsnorter, a return to a more normal level, or something in between.