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Does Gold Hedge Economic Downturns?

Gold is often seen as a defensive asset, but evidence shows its returns have little consistent relationship with economic downturns. While gold sometimes rises during periods of negative growth, high‑quality government bonds have provided similar returns, calling into question the added benefit of holding gold for this purpose.

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Rate Expectations

Interest rate cuts around the world have sparked speculation about when the RBA will follow suit, along with questions of what implications it holds for investor portfolios.