
Gold (GCM26) has always had a way of stepping into the spotlight just when the world starts feeling uncertain. From central banks quietly building reserves to everyday investors looking for safety, the yellow metal’s appeal tends to rise when confidence in currencies and markets begins to wobble.
That script played out once again over the past year. A mix of aggressive rate cuts from the Federal Reserve through 2024 and 2025 weakened the U.S. dollar, while persistent inflation, trade tensions, and geopolitical flashpoints pushed investors toward assets that can hold value when everything else feels shaky.