Goldman Sachs: Gold is a more effective hedge against the risk of a dollar collapse than BTC

PANews reported on May 25 that according to Forbes, Daan Struyven, co-head of global commodities research at Goldman Sachs, pointed out that gold is a more effective hedge against the risk of a dollar collapse than BTC, and risk-return analysis is favorable for gold. Both Bitcoin and gold have risen sharply in the past three years, but Bitcoin is more volatile, more sensitive to pullbacks, and has a higher positive correlation with technology stocks. Therefore, if you want to guard against downside risks in stocks, lower correlation and lower volatility mean a fairly significant positive allocation to gold.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Gate will launch spot and instant trading of Warden Protocol (WARD).
PANews Newsflash