Where next for the price of Gold and Silver – 2024 update?

6 min Read Published: 18 Oct 2024

A 5% to 6% holding in gold has been a long-term part of my own £50k portfolio because of the diversification benefits it provides. It has also been a significant contributor to my portfolio's performance over the last couple of years. The inclusion of the iShares Physical Gold ETC was inspired by my original research article "Should you ever invest in gold? If so how much?" which I published in 2015.

My recent newsletter titled "It's high time to buy gold" highlighted how the precious metal has risen to new all-time highs. It also raised the question of where the price of gold could go from here? Will there be further new all-time highs or are we due a pullback? I was even asked the following question in Chatterbox.

"What are your views on Gold and Silver based ETFs?

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