Rising gold prices: A canary in the coal mine for world instability
In the past year, gold prices surged by 38%, reaching over $2,700 per troy ounce — a record high. This trend has attracted attention from unexpected places; gold bars are now available at Costco and CU in South Korea as inflation concerns and war fears grow. With increasing financial fragmentation, central bankers are also turning to this ancient asset. We seem to be entering a new golden age.
Source: https://www.economist.com/finance-and-economics/2024/10/22/a-dazzling-new-gold-rush-is-under-way-why
