The timeless role of gold
How does gold fit into an investment plan in 2025 and beyond?
Gold demonstrates extraordinary flexibility. From acting as a strategic holding in portfolio construction and long-term management, to being of critical use in new and exciting technologies, such as artificial intelligence, understanding gold continues to be essential for investors across the world.
This collection of hand-picked thought leadership explores gold’s role within these domains in great detail, as well as placing the metal in a much wider context through its exploration of China’s recent stimulus package and its impact on gold demand.
Gold Demand Trends
Solid inflows into global gold ETFs in Q3 helped drive 5% y/y growth in total gold demand to a record 1,313t. This was reflected in the gold price, which reached a series of new record highs during the quarter.
GLTER
While gold’s contribution to managing portfolio risk is well established, its contribution to portfolio return is not. Frameworks for estimating gold’s long-term return exist, but they fall short of a robust approach that aligns with the capital market assumptions for other asset classes.
Gold and AI
Gold constitutes a vital component of many of today's electronic devices. This report looks at the growth of artificial intelligence as an important emerging area of demand.
China’s Stimulus Bazooka: What Does It Mean for Gold Demand?
China shocked the world with the announcement of its recent and most aggressive stimuli since COVID. The stronger-than-expected package ranges from various rate cuts and downpayment ratio reductions to measures to support the equity market.
