Gold remains one of the most misunderstood assets in global financial markets. It is often analysed as a commodity driven by supply and demand, yet its true relevance lies elsewhere. Gold is first and foremost a monetary asset, not an industrial one. In 2026, gold continues to matter because it sits at the intersection of money, trust, and systemic risk. It performs a role that no fiat currency, bond, or equity can fully replicate. Historically, gold tends to perform best during periods of: Monetary uncertainty, when central bank credibility is questioned, Currency debasement, as fiat currencies lose purchasing power ... (full story)