WS #15920
Gold prices surged to $4,075, masking a $20 billion cash pile held by miners, as investors seek safety amid escalating geopolitical tensions and persistent inflation. Experts predict new records within 18 months driven by central bank buying and family office allocations. This move correlates with a drop in US 10-year yields and a dip in Bitcoin, indicating a broad flight to traditional safe-haven assets.
Gold and Safe Haven Flows
Gold prices surged to $4,075, masking a $20 billion cash pile held by miners, as investors seek safety amid escalating geopolitical tensions and persistent inflation. Experts predict new records within 18 months driven by central bank buying and family office allocations. This move correlates with a drop in US 10-year yields and a dip in Bitcoin, indicating a broad flight to traditional safe-haven assets.