Finance|Climate|ESG — Gold Remains A Viable Hedge Despite Recent Price Dip, Analysts Say

Gold's 22% price decline since the start of the Iran war does not invalidate its role as a portfolio hedge, according to market analysis. The drop is attributed to expectations of Federal Reserve rate hikes and rumored selling by Middle Eastern central banks. However, continued strong gold purchases by global central banks and uncertainty around Fed policy in an inflationary environment suggest the precious metal remains a rational hedge against unforeseen risks.