Gold looks set to become standard again as a hedge against inflation

precious metals

Gold is set to be a commodity of choice and will be key in protecting portfolios against erosion from inflation, according to a report on the role of precious metals in a strategic asset allocation published by Chicago investment management services firm Ibbotson Associates (IA).

"Precious metals provide a substantial hedge against inflation and provided positive return when they are needed most," the report's authors say.

"Excluding cash, precious metals is the only asset class with a positiv