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How Gold Became One of the World’s Favorite Assets

How Gold Became One of the World’s Favorite Assets

Posted January 3, 2025 at 9:45 am

Jin Hennig
CME Group

For 50 years, Gold futures have been the global benchmark for pricing, and its diverse participation and stability make it a critical asset in uncertain times. Learn more about the factors driving gold’s enduring popularity and its role in today’s financial landscape. One reason for gold’s continued popularity is its versatility. “Gold is a chameleon as a financial asset,” says Elise Backman, a commodity investor at Wellington Management.

Originally Posted January 2, 2025

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One thought on “How Gold Became One of the World’s Favorite Assets”

  • Brett

    It is interesting how some believe a limited supply of something that can’t be observed by any senses can have value based on the supply limitation. Various crypto has amazing use cases. Bitcoin has none. Digital gold is not Bitcoin but ETFs backed by gold or crypto backed by gold. Bitcoin is a risk asset trade. Gold is a currency and an inflation hedge. Everyone should hold wealth in gold. People should speculate in Bitcoin and other crypto while the future president promotes it. Take profits once the spectacle is complete.

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