Gold just had its worst quarter since 2013. What that means for the metal’s role as portfolio hedge
AI Summary
Gold futures experienced their worst quarterly decline since 2013, tumbling more than 13% in the second quarter. Despite the plunge, the metal still holds significance as a portfolio hedge for investors.
Gold futures tumbled more than 13% in the second quarter – its worst since 2013. That isn't necessarily your cue to dump the metal from your portfolio, though.