I wouldn't call it a new trend. Gold has been known for ages as a safe haven asset, one that holds its value in uncertain times, such as one we are living in right now. I get that it is more renowned for retaining value than accruing huge profits in a shorter time, which is why it is much more appealing to the "older" generation. That's not to say young people do not buy gold. But there comes a certain age were a person must reduce the level of risk they want to get exposed to. That said, the geopolitical tension around the world is palpable. Russia v Ukraine, Israel just ended their military action with Hamas, and i hope it holds up. The economic tension between the U.S. and China continues to brew and nobody knows what their next move could be. Inflation is rocking nearly every country on the surface of the earth, etc. All of these and more make precious metals a very attractive investment for smart investors, do not also forget how Central Bank's are backing that up as they continue to purchase gold, filling up their reserves.
I wouldn't call it a new trend. Gold has been known for ages as a safe haven asset, one that holds its value in uncertain times, such as one we are living in right now. I get that it is more renowned for retaining value than accruing huge profits in a shorter time, which is why it is much more appealing to the "older" generation. That's not to say young people do not buy gold. But there comes a certain age were a person must reduce the level of risk they want to get exposed to. That said, the geopolitical tension around the world is palpable. Russia v Ukraine, Israel just ended their military action with Hamas, and i hope it holds up. The economic tension between the U.S. and China continues to brew and nobody knows what their next move could be. Inflation is rocking nearly every country on the surface of the earth, etc. All of these and more make precious metals a very attractive investment for smart investors, do not also forget how Central Bank's are backing that up as they continue to purchase gold, filling up their reserves.

I wouldn't call it a new trend. Gold has been known for ages as a safe haven asset, one that holds its value in uncertain times, such as one we are living in right now. I get that it is more renowned for retaining value than accruing huge profits in a shorter time, which is why it is much more appealing to the "older" generation. That's not to say young people do not buy gold. But there comes a certain age were a person must reduce the level of risk they want to get exposed to. That said, the geopolitical tension around the world is palpable. Russia v Ukraine, Israel just ended their military action with Hamas, and i hope it holds up. The economic tension between the U.S. and China continues to brew and nobody knows what their next move could be. Inflation is rocking nearly every country on the surface of the earth, etc. All of these and more make precious metals a very attractive investment for smart investors, do not also forget how Central Bank's are backing that up as they continue to purchase gold, filling up their reserves.

I wouldn't call it a new trend. Gold has been known for ages as a safe haven asset, one that holds its value in uncertain times, such as one we are living in right now. I get that it is more renowned for retaining value than accruing huge profits in a shorter time, which is why it is much more appealing to the "older" generation. That's not to say young people do not buy gold. But there comes a certain age were a person must reduce the level of risk they want to get exposed to. That said, the geopolitical tension around the world is palpable. Russia v Ukraine, Israel just ended their military action with Hamas, and i hope it holds up. The economic tension between the U.S. and China continues to brew and nobody knows what their next move could be. Inflation is rocking nearly every country on the surface of the earth, etc. All of these and more make precious metals a very attractive investment for smart investors, do not also forget how Central Bank's are backing that up as they continue to purchase gold, filling up their reserves.