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Gold
Firm
Author
Type
Commodities
May 2026
The return of history: gold, the dollar, and the monetary future
Deutsche Bank
Mallika Sachdeva, Michael Hsueh
Research
18 Pages
Deutsche Bank Research Institute examines how geopolitics may be pushing central banks back toward gold and away from the dollar.
Alternative Assets
April 2026
Understanding the rise and recent fall in gold prices
Apollo
Torsten Slok
Research
26 Pages
Apollo’s chart book looks at why gold prices have increased so much since 2022, and why they have declined more recently.
Alternative Assets
February 2026
The Boost From the Hard Assets Rotation
Goldman Sachs
Research
22 Pages
Following a strong and volatile start for commodities in 2026, Goldman Sachs analyzes how sustained investor diversification into hard assets would affect commodity prices.
Alternative Assets
December 2025
Golden Fears
Man Group
Henry Neville
Research
29 Pages
Henry Neville argues that while gold has historically provided modest hedging against inflation and equity drawdowns, its current behavior, logistical costs, and uncertain long-term demand dynamics mean it should be a limited, not central, defensive allocation in portfolios.
Alternative Assets
December 2025
Gold Outlook 2026 : Push ahead or pull back
World Gold Council
Research
12 Pages
After Gold's remarkable 2025, achieving over 50 all-time highs and returning over 60%, the World Gold Council predicts 2026 be shaped by ongoing geoeconomic uncertainty.
Alternative Assets
December 2025
Gold: Bugs, Bears and Myths
Man Group
Research
13 Pages
Man Group evaluates gold’s role in portfolios at record prices, emphasizing diversification and risk mitigation rather than return maximization.
Alternative Assets
September 2025
Bitcoin vs. Gold: The Future of Central Bank Reserves by 2030
Deutsche Bank
Marion Laboure, Camilla Siazon
Research
18 Pages
Deutsche Bank explores whether Bitcoin could join gold as a central bank reserve asset by 2030.
Alternative Assets
August 2025
Worth Its Weight
D.E. Shaw & Co.
Research
10 Pages
D.E. Shaw & Co. examines the role of gold as a “non-productive store of value” and its potential diversification benefits amid inflation uncertainty, shifting monetary regimes, and geopolitical tension.
Alternative Assets
April 2025
Gold $5,000?
Research Affiliates
Campbell Harvey
Research
11 Pages
Professor Campbell Harvey says gold’s recent price surge is largely driven by current economic uncertainty as well as a wave of new investment sources, including gold ETFs and China’s de-dollarization efforts.
Alternative Assets
August 2021
Gold As A Strategic Allocation
Meketa
Alison Adams
Research
16 Pages
Meketa Investment Group explores whether gold deserves a permanent role in institutional portfolios, focusing on its behavior across inflation regimes, real yields, and market stress.