Oct 08, 2020 Guest(s): Peter Hug Global Trading Director, Kitco Metals
Both the precious metals and stock markets have seen a volatile week. Taking cues from the White House's hints on how much stimulus could be introduced before the presidential election, prices have seen large moves in both directions in a very short amount of time. On a medium to longer-term basis, "holding a core position in metals makes absolute sense. I would not liquidate your metals holdings positions if you are an investor. It forms part of a balanced portfolio," said Peter Hug, global trading director of Kitco Metals.