State Street Global Advisors expects gold to remain an important asset allocation next year
ChainCatcher news, according to a report by Sing Tao Daily, State Street Global Advisors predicts that gold prices will fluctuate and rise in 2025. Liu Ninghui, Head of Investment Strategy and Research for Asia Pacific at the firm, stated that although gold prices have already surged by more than 60% this year, gold will remain an important asset allocation choice next year.
Liu Ninghui pointed out that every rise in gold prices stems from a major "paradigm shift." He also reminded investors that although global risk assets can still be viewed positively next year, more selectivity is needed, especially when investing in the Chinese stock market.
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