Yet some advisors say gold will continue to be a good portfolio diversifier over the long term.
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Role of Gold in Diversification Diminishes
- Sunday, Sep 01 2013
- Markets & Investments
- Written by PFA Staff
During the market rally from 2009 to 2011, gold had a -0.13% correlation to the S&P 500. However, that has decreased by 65% since 2011, causing many advisors to question the role of the asset class for improving asset diversification. So reports Investment Week.