LBMA CEO Affirms Gold's Enduring Safe Haven Status
Ruth Crowell, CEO of the London Bullion Market Association (LBMA), stated that gold maintains its position as a safe haven asset. She emphasized the importance of evaluating gold's safe haven status over a period of years, rather than short-term fluctuations measured in weeks or months. Crowell shared these insights during an interview on "Insight with Haslinda Amin."
The London Bullion Market Association (LBMA) CEO, Ruth Crowell, has reaffirmed gold's status as a safe haven asset.
Crowell suggested that the narrative surrounding gold's role as a secure investment remains valid. She highlighted that measuring its safe haven capabilities requires a long-term perspective, recommending evaluation over several years rather than just weeks or months.
Her comments were made during an appearance with Paul Allen on the program "Insight with Haslinda Amin."
(Source: Bloomberg Markets)
