Business
fromFast Company
6 days agoGold prices keep hitting records. How high can they go?
Gold reached $4,000 an ounce and is up over 53% year-to-date amid dollar weakness and economic uncertainty tied to the U.S. government shutdown.
Gold is a proven hedge against inflation, preserving the value of assets when other prices rise. This is because, unlike other currencies whose value can diminish as central banks print more fiat money, gold's worth remains resilient.