BCA Research report argues gold offers superior liquidity and diversification despite zero yield in high‑interest‑rate environment.
Analysts say gold market depth rivals major currency pairs, making large institutional positions inexpensive to execute.
Bullion‑backed ETFs or spot gold are recommended for pure hedges, providing excess returns to offset yield loss without mining equity risk.
Gold historically shows low or negative correlation with equities and fixed income, serving as a reliable diversifier during crises.