Haven Assets: Amid the echoes of geopolitical chaos and economic uncertainty, gold prices soar to inflation-adjusted highs; here’s where to go

Gold is reaching record highs, sparking new interest among consumers and investors looking for safe havens during troubled times.

The highest gold was valued after a brief surge after adjusting inflation, with gold prices above $3,200 an ounce on Thursday and Friday, according to the Washington Post’s adjustment. According to the report, this jump was a week of volatility in financial markets, and according to the report, selling in many asset classes.

“Let’s face it: we’ve been through more than five years of ruthless crisis now. Gold is a barometer of anxiety,” said Adrian Ash’s research director in the precious metals market.

Transfer tariffs spark investors’ concerns

One of the main drivers of rising gold prices is the driving force behind the ever-changing tariff policies of U.S. President Donald Trump’s administration, the latest driver of U.S. financial markets, the report said.

A University of Michigan survey found that the dollar’s dollar fell for five consecutive days and consumer confidence was at a four-month low. The report said this uncertainty has led many to seek alternatives to long-term considered safe assets, such as the U.S. Treasury Department’s 10-year yield surged briefly by 4.5%.

“Global, in Asia and the Middle East, but still on a global scale, a consistent effort can diversify from the US dollar,” said the Washington Post.

Echoes of the 1930s?

“The references you hear now are things you haven’t heard since the 1930s,” said David Greely, chief economist at Abaxx Technologies, citing protectionist policies such as the Smoot-Hawley Tariff Act that happened at the time, such as the Washington Post. Greely added: “It makes people look and say, ‘Well, I think I think it’s safe, is it safe for a safe asset?’”

Retail investors join the gold rush

The increase in appetite among retail investors has also driven the latest high prices of gold prices. Like SPDR gold stocks, gold medal trade funds (ETFs) have made considerable gains, with the fund growing 7% since last Monday, according to the Washington Post. According to the report, retail demand for physical gold rods and coins is especially among young investors.

The World Gold Council explains that precious metals tend to perform well when interest rates are low or stocks fall, according to the Washington Post.

FAQ

Are you in trouble with the US dollar?
It has weakened recently, and many countries have begun to diversify rather than relying solely on the dollar.

Do young investors buy gold too?
Yes, many millennials and Zers regard gold as a safe physical asset.