A Good Time To Sell Gold

Gold has spiked due to the tensions between Russia and Ukraine.  With the current price around $1,350 per ounce, gold sits roughly $160 dollars above the recent low.  With the expectation that interest rates will be rising in the near future, I would expect commodities, including gold, to be pressured as well.  This is likely a good time to at least reduce exposure to gold, if not eliminate it from portfolios.  Yes, I know, some believe that everyone should always own some gold.  I don’t agree, but if you feel this way I would at least significantly reduce exposure.

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