The Royal Mint post was the first one I came to that was pretty detailed explanation as to why a safe haven....do a search on gold as a safe haven in times of economic and market uncertainty is internationally recognised as such.. But like all commodities it is open to speculation and volatile market movements especially when other traditional markets start to show better returns. Currently the US Equity markets are showing strong growth and better investment returns so funds are transferring from gold to equities hence gold prices are falling.
If I was buying gold I would have done so back in 2008 when the US mortgage scandal came to light, and the resultant financial collapse, or at the out break of Covid and definitely the beginning of the current UK recession. Th e problem is knowing when exactly to get out of gold, before other markets show sustainable growth and there is more certainty and gold prices fall.
Last edited by JohnHarris; 24/10/25 09:03 AM.