Gold has risen by over 60%, with central bank demand doubling, marking a historic turning point in portfolio construction.
Investors have been gripped by "gold fever" in recent months, with the metal's rise being extraordinary. Initially, a quiet hedge against uncertainty, it has become a global phenomenon.
Many believe the current dip is not a warning sign, but an opportunity, driven by a growing belief that gold is a necessity in an unstable world.
This momentum reflects a shift in how investors think about risk, due to rising government debt, political instability, and currency debasement.
Author's summary: Gold demand surges amidst global uncertainty.