Gold is a bargain

The price of gold has fallen by 11.2% since 22 January to just under $1,200 an ounce – that’s more than 35% below its peak of $1,900 in 2011. Now may prove a good time to top up your holdings.

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Gold has bought a good suit for 100 years8
(Image credit: Daniel Stein)

Gold has a bad reputation among some investors. The shiny metal has long been seen as "the investment choice of the cranky and the fearful", says Andrew Bary in Barron's. It yields nothing, and in the words of Warren Buffett, it just "looks at you". It has certainly fallen out of favour this year. The price has fallen by 11.2% since 22 January to just under $1,200 an ounce that's more than 35% below its peak of $1,900 in 2011.

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Marina Gerner is an award-winning journalist and columnist who has written for the Financial Times, the Times Literary Supplement, the Economist, The Guardian and Standpoint magazine in the UK; the New York Observer in the US; and die Bild and Frankfurter Rundschau in Germany.

Marina is also an adjunct professor at the NYU Stern School of Business at their London campus, and has a PhD from the London School of Economics.

Her first book, The Vagina Business, deals with the potential of “femtech” to transform women’s lives, and will be published by Icon Books in September 2024.

Marina is trilingual and lives in London.