According to the World Gold Council’s quarterly report, demand for gold (excluding OTC) in Q3 increased by 28% year over year at 1,181t.

In a survey, the majority of investors rated diversification and inflation-hedging as the primary factors to hold gold in their portfolios.

The second half of 2022 will be challenging for investors, needing to navigate rising interest rates, soaring inflation and geopolitical issues.

The precious metal is firmly placed in its rightful position as a tangible portfolio diversifier and inflation hedge, given the current market situation.

Central banks own over 35,000 metric t of gold, accounting for a fifth of all gold ever mined. What makes gold a valuable asset for so long?

Earlier this month, gold surpassed US$2,000 per ounce, driven by continued concerns about the war in Ukraine and possible consequences for the global economy.