Study Says Gold Not a Reliable Hedge Against Inflation

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.

Click here to read the full Reuters report.