
Gold's Safe-Haven Demand: Geopolitics and Policy Risk
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This episode examines the reasons behind gold's surge to historic highs in 2025, attributing it to a combination of heightened geopolitical tensions, challenges to monetary policy credibility, and shifting economic fundamentals. The discussion emphasizes gold's historical role as a safe haven during crises and its unique properties as a non-sovereign asset, making it attractive amidst currency risks and concerns about traditional financial instruments. Also discussed are the implications of rising real yields and institutional credibility strains on the global financial landscape, framing gold as a strategic diversification and insurance asset for investors.
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