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Gold's shine could be fading โ and BNY says US stocks are the smarter inflation hedge
Yahoo Financeยท 2025-10-23 22:42
The chief investment officer at BNY Wealth said the factors driving gold's rally have played out. Sinead Colton Grant said it was "telling" that gold stumbled after the dollar recovered somewhat. "Over the long term, equities are a much better inflation hedge," she told Business Insider. Gold stalled after surging through 2025, and it shows US equities are a better hedge against volatility, a chief investment officer has told Business Insider. The yellow metal tumbled 6.3% on Tuesday, down from an ...