T. Rowe Price's Ritu Vohora: Where to find further gains in gold

History of booms and busts

Gold’s appeal has endured for centuries. From ancient civilizations to modern investors, its allure as a store of value and a hedge against currency debasement and uncertainty has remained remarkably resilient.

In recent years, mounting government deficits, persistent inflationary pressures and escalating geopolitical tensions have helped spur gold demand, pushing prices to all-time highs. Gold, Europe, property and renewables dominate active fund returns in H1 With global markets confronting an array of risks, the glitter of gold is hard to ignore.  However, investors should dig deeper than surface-level returns. The asset class demands nuanced understanding of its notorious volatility, current valuation and role in portfolio construction. A history of booms and busts Gold's history...