Gold has long been considered a background commodity for most investors. Often used tactically, gold’s rarely been utilized as a core or permanent asset class in portfolios. However, with Russia’s invasion of Ukraine again sparking hedging interest and the release of compelling research on gold’s power to attenuate overall risk, investors and advisors are re-evaluating the metal’s role as a portfolio bulwark.
In this inaugural episode, Brad Zigler, WealthManagement’s Alternative Investment Editor, welcomes George Milling-Stanley, Chief Gold Strategist for State Street Global Advisors, to discuss the factors impacting gold’s value.
Brad and George discuss:
- What is contributing to the price hikes and inflows into gold investments today.
- How Russia’s actions and Federal Reserve policy are likely to influence the value of gold.
- The role of gold as a core diversifying asset in investors’ portfolios.
Resources:
The Role of Gold in Today’s Global Multi-Asset Portfolio
Connect with Brad Zigler:
Connect with George Milling-Stanley:
LinkedIn: George Milling-Stanley
State Street Global Advisors
About Our Guest:
Prior to joining State Street, George was a Managing Director at the World Gold Council, where he was a key member of the team responsible for the launch of the world’s first gold-backed ETF. Before that, George worked at Lehman Brothers where he developed customer business for the precious metals trading desk and was responsible for the firm’s research and analysis of the metals markets. All of this topped his career as Chief Precious Metals Analyst at Consolidated Gold Fields and ten years as a reporter and columnist for the Financial Times.
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