The so-called ‘great debasement trade' is back on as gold sets fresh record, says this strategist

Group 1 - The core viewpoint of the article highlights that rising geopolitical tensions and the quest for inflation hedges are driving the increase in precious metal prices [1] Group 2 - Precious metals are experiencing a surge in prices due to external factors, particularly geopolitical instability [1] - Investors are increasingly looking for safe-haven assets, which is contributing to the demand for precious metals [1] - The current economic climate, characterized by inflation concerns, is further propelling the interest in precious metals as a hedge [1]