Pure 1,000-gram gold bars (Getty Images) Source: Getty Images
Many self-managed super fund investors will no doubt be worried about the recent wobbles on global sharemarkets. So diversifying is critical - and one alternative asset class is gold. The yellow metal is trading at a three-month high and while its price can fluctuate, it has seen annualised returns of 9 per cent. So is it a good investment?
Many self-managed super fund investors will no doubt be worried about the recent wobbles on global sharemarkets. So diversifying is critical - and one alternative asset class is gold. The yellow metal is trading at a three-month high and while its price can fluctuate, it has seen annualised returns of 9 per cent. So is it a good investment?