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With the Middle East war rattling global markets, gold
is once again drawing attention as a potential safe-haven investment.
The precious metal is generally viewed as a diversifier and store of value in turbulent times. However, it’s important to know what you’re investing in, and why, before jumping in.
“Gold may be one of the ways to invest against the geopolitical shock, but certainly there are others,” such as global energy and defense stocks, said certified financial planner Barry Glassman, founder and president of Glassman Wealth Services in Vienna, Virginia, and a member of the CNBC Financial Advisor Council. “It’ll be interesting to see which parts of portfolios hold up during this volatility.”
