The amount of gold to hold in a portfolio that optimizes an investor’s risk/return profile is much higher than what most would hold, this according to Ryan Giannotto, director of research at GraniteShares.
“We have found that the efficient level, the optimized level, was 35% gold. Not saying you should own 35% gold, that’s an awfully high concentration, but it challenges the conventional wisdom of what pertains to gold and how to use it,” Giannotto told Kitco News.
