World Gold Council: The dynamic of gold generating positive returns during prosperous periods is likely to continue.

The World Gold Council published an article stating that in the past twenty years, there has been a significant change in people's perception of gold, reflecting the increasing wealth in the East and the growing importance of gold in institutional investment portfolios globally. Gold's unique attributes as a scarce, highly liquid, and uncorrelated asset allow it to play a role in diversifying risk over the long term. Its status as both an investment and a luxury item has enabled it to achieve an annualized return of 9% since 1971, on par with or even higher than stocks, bonds, and commodities. Its traditional role as a safe haven asset means it can come into play during times of high risk. But its dual appeal as an investment and a consumer good means it can also generate positive returns during times of prosperity. This dynamic is likely to continue, reflecting ongoing political and economic uncertainty, as well as concerns about the stock and bond markets.