Goldman Urges Investors to Buy Gold and Oil as Long-Term Hedges
(Bloomberg) -- Goldman Sachs Group Inc. touted gold and oil as hedges against inflation in long-term portfolios, citing the appeal of bullion as a haven amid concerns over US institutional credibility and crude’s ability to protect against supply shocks.Most Read from BloombergNYC Congestion Toll Brings In $216 Million in First Four MonthsNY Wins Order Against US Funding Freeze in Congestion FightNY Congestion Pricing Is Likely to Stay Until Year End During Court CaseAnalysts including Daan Stru