As instability across the world continues, more investors are flocking to precious metals. But experts say that gold is not a stable store of value, especially after the price of metal fell on Friday.
Gold has gone up more than 15% since the beginning of the year, and this week it passed the important $5,500 mark.
The rise in the price of gold, along with the rise in the price of silver and platinum, is caused by a number of variables that are all connected. These include tensions between countries, mounting government debt, and an unclear prognosis for interest rates and inflation.
The story that gold is a safe haven asset and a “hedge against inflation” is what makes it so appealing. It usually goes up in value when the dollar goes down, it’s easy to sell, and it’s a real, limited resource.
In the US, the Trump administration’s fiery policies are making people more worried about the economy’s health, which some analysts see as a “sell America” move.The president has threatened to take over Greenland, implied that the US would get involved in Iran, tried to change policy at the Federal Reserve, and attacked Venezuela in the past few weeks. To make matters worse, he has also threatened to raise tariffs on trading partners, which is an approach he used in 2025.
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