Gold Sits on the Throne of Assets in Times of Conflict

Coinciding with the anxiety sparked by the IMF report regarding the Middle East, the gold market is witnessing what Reuters describes as the "great escape" of money towards safety. Every escalation near the Strait of Hormuz translates immediately into an increase in the yellow metal's prices. Investors are now certain that gold is the final impenetrable fortress against inflation waves created by high oil prices, reinforcing its position as an indispensable haven in crises.