Joe Cavatoni: Gold Volatility Picking Up, Price Setting New Floors
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Joe Cavatoni of the World Gold Council said that while gold may pull back when risk assets are selling off, it remains key to a diversified portfolio.
Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, discusses gold's recent price activity, weighing in on its safe-haven status as volatility rises.
"We should probably just be accepting of these higher levels of vol and understand that you still see the same type of performance from gold," he said.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.












