Part of it was to show how the metal acts in a different setting, and specifically as a borrowed asset, said Juan Carlos Artigas, global head of investment research at the World Gold Council, in an interview with Kitco News.

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Groenewegen, along with Rachel Benepe of First Eagle Investment management and Juan Carlos Artigas of the gold council, all sharing a panel on gold at the aforementioned conference, made a case for gold as a hedge, not only of inflation, but of risk.

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