Its 2019 edition of the relevance of gold as a strategic asset said institutional investors had embraced alternatives to traditional assets including stocks and bonds, with many drawn to gold’s role as a diversifier.
“Gold is becoming more mainstream,” the report said.
It said this had been driven in part by new ways to access the market, such as gold-backed exchange traded funds, the expansion of Asia’s middle class and a renewed focus on effective risk management following the 2008/09 financial crisis in the US and Europe.
KEFI Minerals plc (LON:KEFI) is focused primarily on the advanced Tulu Kapi Gold Project development project in Ethiopia, along with its pipeline of other projects within the highly prospective Arabian-Nubian Shield.