Correction in gold is a buying opportunity with several triggers for upside on the horizon.
Real interest rates will remain negative in the years to come even if interest rate hike is seen in December 2016.
Gold mining stocks are an attractive investment option besides considering exposure to physical gold.
In my view, the best investment option is physical gold and investors can consider exposure to the precious metal to the extent of 15% to 20% of their portfolio.
In conclusion, gold has been battered in the recent past, but I don't see any reason to panic for medium to long-term investors. Real interest rates will remain negative in the coming years and economic uncertainty is also likely to sustain.
As Donald Trump assumes power, I expect businesses to remain cautious and any deep economic slump will take gold significantly higher from current levels.
Don't forget, Gold protects your wealth..
In conclusion, gold has been battered in the recent past, but I don't see any reason to panic for medium to long-term investors. Real interest rates will remain negative in the coming years and economic uncertainty is also likely to sustain.
As Donald Trump assumes power, I expect businesses to remain cautious and any deep economic slump will take gold significantly higher from current levels.
Don't forget, Gold protects your wealth..
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