Gold becoming a speculative asset: Manoj Trivedi
Mon, Jan 30, 2023 7:42 PM

Gold becoming a speculative asset: Manoj Trivedi

A Flip by Shubhra
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Manoj Trivedi, Co-founder of Jama Wealth, stated that gold has now become a speculative asset. Academically, gold is an alternative currency. However, the precious metal is no more functioning as a safe haven during economic crises (as it should have during the Ukraine-Russia War, but did not). Neither is gold serving as an effective inflation hedge. This is because of trading in gold.

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