As geopolitical tensions intensify, gold’s (Au) value has surged to $5,230 per ounce. Trading not far from its peak of $5,600 hit in late January this year, the bullion price has rallied 20.8% YTD and more than 79% in the past year. This increase in the price of the precious metal is driven by macro uncertainty, global instability, political friction, rising inflation, and depreciating fiat currency. Low-interest rates and a weak dollar are also boosting demand for this zero-yield, safe-haven asset. Long viewed as a store of value, gold makes for a strategic asset in investment portfolios. According to the “Gold as a ... (full story)