TD Securities: Gold Strong During US Equity Lost Decades
TD Securities analyst Izidor Flajsman notes that precious metals, especially gold, have historically delivered strong real returns during US equity 'lost decades', outperforming broad commodities.
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TD Securities' Izidor Flajsman points out that during historical US equity 'lost decades', precious metals—particularly gold—have consistently generated strong real returns.
In contrast, broad commodities as a whole have been more mixed in such periods. The analysis suggests a potential safe-haven play for gold amid prolonged equity underperformance.
This insight aligns with the current macroeconomic backdrop, where uncertainty could support continued demand for precious metals.
Source: FXStreet Forex News