Advisers look past the glitter, debate gold’s value as a long-term investment
So far this year the precious metal has beaten the S&P 500 by 24 percentage points
Advisers who beefed up or held onto allocations to gold over the past four months are likely seeing the benefits in client portfolios. But even that extreme test doesn’t solve the age-old riddle of whether gold is a short-term play, a long-term allocation, or even an asset that belongs anywhere ne
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