Core Insights - Gold prices have reached a record high of over $3,700 per ounce, with a year-to-date increase of more than 40% and approximately three dozen record closes [2][3] - The demand for gold is expected to grow due to ongoing purchases by global central banks and increased geopolitical tensions [4] Investment Strategies - Investors can gain exposure to gold through physical purchases or gold-related financial investments, with experts recommending gold ETFs as a more efficient option [5][6] - Gold ETFs, such as SPDR Gold Shares (GLD) and iShares Gold Trust (IAU), are highlighted as the most liquid and cost-effective ways to invest in gold [6] Market Dynamics - Gold typically performs well in low-interest-rate environments and during periods of economic uncertainty, making it a preferred safe-haven asset [3] - Financial advisors suggest limiting gold exposure to less than 3% of an overall portfolio due to its volatile nature [7][8]