Affluent investors are turning to precious metals in growing numbers, with gold allocations surging and silver hitting its highest monthly close in 14 years. With rising inflation, dollar volatility, and market uncertainty, gold and silver continue to serve as key hedges in diversified portfolios. Analysts note increasing physical bullion demand and a shift away from cash, signaling long-term confidence in hard assets as a strategic investment.
Gold prices hit new all-time highs as global uncertainty boosts demand. Central banks and investors alike are turning to precious metals as a trusted hedge.
Gold fell as geopolitical tensions eased in the Middle East, paring safe-haven demand, and traders looked ahead to U.S. data that will shed light on the outlook for monetary policy.
Since the end of World War II, it’s been the economic powerhouse that’s dictated terms to the rest of the world.
Central banks bought more gold last year than any year since records have been kept.
The shocking closure of two US banks, the Fed slowing interest rate hikes, and a weakening US dollar all roiled markets and led to a spike in gold demand.
Investors continue to stick to their plans to add physical precious metals to their portfolios whenever temporary price dips present themselves at a discount.
The need for a safe haven asset is clear. The toxic mix of economic, market, and financial risks leaves investors with few places to turn.
There is an old saying, “The best place to hide something is in plain view.” If true, a reminder of what the US citizen has lost may be found in plain view, merely by reaching into his pocket and examining his change.
As always happens in a crisis period, the fiat currencies that have, until now, appeared to be sound, will sink dramatically and gold will once again rise to its intrinsic worth.
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