With the stock market at an all-time high and inflation rising fast, some analysts advise having gold in your portfolio to prepare for global economic uncertainty and the ongoing risk of COVID-19. Monex Investindo Futures research head Ariston Tjendra said the hike in inflation was fueling gold prices as investors were seeking to secure asset values against rising inflation. The gold market is also projected to gain from the expectation of new COVID-19 waves across many countries, which pose the threat of another global economic downturn. However, a hike in the United States Federal Reserve’s key interest rate next year could hamper the rise in the gold price next year.

https://www.thejakartapost.com/news/2019/03/31/golden-dome-mosque-founder-dies-at-70.html

By Jakarta Post

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