Gold prices have surged this year, reaching record highs as stocks and bonds face volatility. This trend solidifies gold's status as a safe investment during uncertain economic times. Consequently, more everyday consumers are buying gold, with retailers like Costco seeing increased demand. Investors are attracted to gold as a hedge against inflation and as a means to control their wealth, showcasing its relevance amid tariffs, trade wars, and recession fears. Gold has become more accessible to the general public, affirming its place in modern investment practices.
"The run-up in gold prices has been going on for a while now, largely because of the metal's value as a hedge against inflation and as a financial safe haven in uncertain times."
"Even billionaire investor and known gold bull John Paulson is doubling down. Gold's rally has far-reaching implications beyond markets and billionaires."
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