In an interview on July 4th 2019 to Bloomberg, veteran investor Mark Mobius said “I love gold”. He further recommended that gold should always form part of an investors portfolio. Every protfolio should have 10% of its investement in gold. In the interview to Bloomberg he posed the following question “As these interest rates come down, where do you go?”

Mark Mobius in the same interview with Bloomberg further added “Interest rates are going so low, particularly now in Europe.” “What’s the sense of holding euro when you get a negative rate? You might as well put it into gold, because gold is a much better currency.”

Please do watch the interview of Mark Mobius with Bloomberg and read the full article by clicking on the link "I Love Gold" Mark Mobius