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Study Says Gold Not a Reliable Hedge Against Inflation
Feb. 07, 2012 10:40AM PST
Precious Metals InvestingReuters reported that a study by Credit Suisse and the London Business School showed that volatility in gold prices have weakened the metal’s value as an inflation hedge.
Reuters reported that a study by Credit Suisse and the London Business School showed that volatility in gold prices have weakened the metal’s value as an inflation hedge.
As quoted in the market news:
In the period since 1900, gold gave a real return of 1.1 percent in sterling terms and its value fluctuated widely, the study published by Credit Suisse and London Business School’s Elroy Dimson, Paul Marsh and Mike Staunton.
