Wood Sees Gold as Attractive Amid Dollar Weakness
Global Head of Equity Strategy at Jefferies, Christopher Wood, believes it's time for investors to accumulate gold. In an exclusive interview with Moneycontrol Managing Editor Nalin Mehta, he stated that his long-term thesis remains unchanged and is concerned about US dollar debasement.
The concern over the weakening US dollar makes gold a more attractive asset class, according to Wood.
Wood's comments come as investors are grappling with market volatility and economic uncertainty. His views on accumulating gold suggest that he believes in its value as a safe-haven asset.