Gold investments during a Polycrisis
In the whirlwind of 2023, the world faced an evolving risk landscape, marked by economic uncertainty, geopolitical tensions, and environmental challenges. Termed the "era of the polycrisis," this period posed a fundamental question to investors:?how to safeguard portfolios in a volatile world?
As equity markets struggled,?precious metals emerged as a beacon of stability. Gold, in particular, shone brightly, reaching new highs amid market turmoil. Following the Silicon Valley Bank collapse, gold prices surged to USD $2,000 with The Royal Mint experiencing a 230% week-on-week surge in the sales of gold investments.
Central banks played a pivotal role, with strategic gold buying to hedge against dollar dominance and economic uncertainties.?The rise of geopolitical risks also impacted precious metal markets, highlighting the need for long-term investment strategies amidst market volatility.
In a world fraught with uncertainty, precious metals have historically provided a timeless refuge, offering potential stability and resilience for investors navigating the complexities of the polycrisis.
Read the full article, Gold investments during a Polycrisis, by Steve Jones , Business Development Manager, Wealth Management at The Royal Mint .
Sources available upon request.
For professional investors only. Capital at risk.
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