Gold bars from YLG. The trader recommends investing 5-15% of portfolios in gold next year to diversify investment risks.
Gold prices will remain high throughout 2022 as investors seek refuge from spiralling global inflation, economic impacts from the fast-spreading Omicron variant, and geopolitical conflicts between the US and China, according to YLG Bullion International (YLG).
The gold trader recommends investing 5-15% of a portfolio in gold next year to diversify investment risks.
Pawan Nawawattanasub, chief executive of YLG, said gold will remain the top safe haven asset for investors next year.
She said in the first quarter of 2022, the spot gold price should move within a range of US$1,800-$1,900 an ounce, while the domestic gold price will move near 29,800 baht, within a margin of 3,000 baht per 1…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.