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Gold’s Purchasing Power Defies Overvaluation Concerns, Says BlackRock’s Evy Hambro
Gold’s Purchasing Power Defies Overvaluation Concerns, Says BlackRock’s Evy Hambro
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BlackRock's Evy Hambro challenged conventional assessments of gold's valuation by shifting the focus from headline prices to its real purchasing power. In a Bloomberg Television interview, the Global Head of Thematic and Sector Investing revealed that internal metrics indicate Gold retains significant value relative to other assets.
The analysis reframes gold's recent price movements as a function of its enduring utility rather than speculative froth. Hambro's comments come amid renewed debate about the role of traditional stores of value in portfolios increasingly exposed to digital assets.
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