Is now a good time to buy gold? Here's what you need to know [CNBC]
COMPAGNIE FNCE RCH UN/ADR (CFRUY)
NASDAQ:AMEX Investor Relations:
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Source: CNBC
Experts often recommend getting investment exposure to gold through an exchange-traded fund. However, in turbulent times, demand for physical gold, and even gold jewelry, is also higher. CNBC Financial Advisor Council members weigh in on the best ways to incorporate gold into your portfolio. Gold is often considered a safe-haven investment because it typically acts as a hedge in times of . Prices are currently soaring amid fears of a global trade war and its potential to into recession. However, some analysts think gold prices may have peaked. “We're probably close to maximum optimism on gold at this point,” said Sameer Samana, head of global equities and real assets at the Wells Fargo Investment Institute. Investors who chase returns may find themselves regretting it later. “It's so overbought,” Samana said. “Buying gold right now, you're coming a little late to the party. It doesn't mean it's over, but you're not early.” So far this year, have notched more than a dozen
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