Not owning gold during the current financial turmoil is "a form of insanity", according to Cazenove's Robin Griffiths.
The FTSE edged 0.1% lower to 5,853.66 points in early trading as company-specific news guided price moves.
Hedge fund titan David Einhorn expects the price of gold to continue its strong surge as the US authorities retain irregular monetary and fiscal policies.
Gold will be one of the best performing asset classes of the next decade and could return as much as 8% a year over this period, Castlestone's Angus Murray says.
7IM is convinced the upward correlation between gold, equities and fixed income has got to come to an end. How it ends and how to manage portfolios when it does is just one of themes discussed by the group's directors Justin Urquhart Stewart and Tom Sheridan....
ON SPECIALIST MARKETS
Henderson head of multi-manager Mark Harris remains bullish on the long-term prospects for gold and believes ‘undervalued' miners will be the biggest beneficiaries.