Will the gold rush rumble on?

Since November 2022, the price of gold has more than doubled to $4,238 per ounce, at the time of publication. Central banks are diversifying away from the US dollar and turning to gold instead, as worries over America’s national debt continue. Amid a year of macroeconomic uncertainty, gold has also lived up to its role as a safe haven asset for investors. Investors are wondering whether the commodity’s price will continue to surge. Economic and geopolitical uncertainty could support its run, but gold has previously reverted to its mean price following periods of steep prices. Take a closer...