Originally published: Mondo Visione, 08 June 2021
New research (1) with 150 European pension funds with a combined AUM of $213 billion, reveals that they anticipate the price of precious and industrial metals to increase.
The study was carried out by NTree International Ltd, a specialist marketing and distribution, and investor education firm. NTree represents Global Palladium Fund’s range of metals ETCs.
The findings show that 85% of pension funds expect the price of gold to increase over the next 12 months as jewellery consumption rebounds fully in line with the global economic recovery. Two thirds of pension investors also expect the price of platinum to increase and 60% expect the price of silver to increase for the same reason.
(1) NTree commissioned the market research company Pureprofile to interview 150 pension funds across the UK, Italy and Germany. The survey was conducted online in April 2021.
