Gold Breaks Records as Digitalisation Opens New Wave of Demand
Gold has risen over 60% and central bank demand has doubled, 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. What started as a hedge against uncertainty has become a global phenomenon.
- Long queues have formed in Sydney's CBD for physical gold purchases.
- ETFs are recording strong inflows.
- Central banks are adding to their reserves.
For many, the current dip is not a warning sign; it’s an opportunity.
The crowd is driven by a growing belief that gold is a necessity in an unstable world, due to rising government debt, political instability, and currency debasement.
Author's summary: Gold demand surges amidst global uncertainty.
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