The Investment Perspective, with Ninety One

Gold's slide didn't break the bull case, it tested it

Gold fell from over $5 500 to about $3 600 this year, and central banks stepped back before coming back in force in the second quarter. Muhammad Docrat explains why the structural case still holds and what gold does for a portfolio that other assets can't.

01 Oct 2026

14 minutes

Muhammad Docrat
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