Goldmines: more upside to come?

Gold has been on a rollercoaster ride this year, moving between $5,600 at the start of the year and $3,950 this summer, before recovering to around $4,300. Amid rotation between physical gold and gold mining equities, the yellow metal continues to hold a strategic place in portfolios.

Analysis by Arnaud du Plessis, thematic portfolio manager at CPRAM. Megatrends, presented by David Jacquot on Boursorama.com.