Gold prices have surged more than 12% year-to-date, reaching record highs, as global uncertainty continues to drive investors toward the precious metal.
Simon Popple, managing director at Brookville Capital, attributes the growing demand for gold to the increasing instability in global markets. “We’ve lived in a world with far more certainty than we do today,” Popple told Euronews, citing concerns over US President Donald Trump’s tariff policies, which are likely to contribute to inflation. He also highlighted investor unease regarding potential retaliatory actions from affected trading partners.
Gold is seen as a safe-haven asset, particularly during times of instability. Unlike many other assets, gold’s value tends to remain more stable, even when currencies experience significant drops. Although gold prices may experience short-term fluctuations, the metal has a historically strong track record of maintaining purchasing power.
While Popple acknowledges that no asset is a perfect hedge against inflation, he strongly recommends that investors secure some exposure to gold, regardless of the amount. “I would strongly advocate that people need to jump in and have some exposure, no matter how big or small,” he explained.
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