Societe Generale Favours Gold to Avoid Risks

Published: Mar 24, 2023 14:50

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The dollar's dominance is losing steam due to recent geopolitical events.

The dollar's dominance is losing steam due to recent geopolitical events. Societe Generale economists said in a report that de-dollarisation is a long-term process that may benefit gold. Meanwhile, Societe Generale said gold continues to play an important role in a diversified portfolio, and its latest multi-asset portfolio strategy included a 6% allocation of gold.

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