Chart of the week: Gold goes up

As bond yields hit the floor 

Gold prices have surged this year as yields on other safe havens have dropped sharply, making gold a more attractive hedge against economic and geopolitical uncertainty. We believe gold does have good diversification benefits, particularly in the current environment of ultra-low bond yields, but after such a steep rise there may be limited upside from here. Read more about our views on the global economy in our latest Investment Insights.

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