Workflow
haven asset
icon
Search documents
Why Investors Can't Seem to Get Enough of Gold
Gold has surged to record after record in recent weeks. But what's driving this. While extending a ferocious run in 2024, bullion surged about 45% this year.That's putting it on track for the biggest annual increase since 1979. It's hit a record high of over $3,800. And Goldman Sachs and Deutsche Bank both expect that rally to extend.This all comes down to gold's centuries old reputation as a safe bet, a haven asset in confusing or turbulent times. The latest rally has been fueled by the political stalemate ...