Understanding Today’s Gold Market

With centuries of history as a store of value in uncertain times, gold is experiencing high levels of demand. However, before people consider investing in precious metals, they should understand what is driving that demand and learn what it is that gold and silver can offer—and what it can’t.

Right now, gold is hovering in record-high territory. Demand for the asset jumped 12% year over year for the first half of 2022, according to a World Gold Council report. First quarter demand alone increased 34%, according to one estimate. This estimate is the highest quarterly demand increase the gold market has seen since 2018.

Published by Sanford Mann in Forbes.