27 December 2023
In a year marked by market volatility and a complex array of crises, precious metals, particularly gold, have emerged as a beacon of stability and growth. Steve Jones from The Royal Mint reflects on the challenging landscape of 2023, characterized by economic uncertainty, geopolitical tensions, and environmental risks – a scenario aptly termed the “polycrisis”. Amidst the tumultuous markets, with even robust indices like the FTSE100 struggling, gold and other precious metals have proven their mettle as safe-haven assets. These commodities have attracted increased attention from investors seeking to safeguard and diversify their portfolios against the backdrop of global instability. This trend underscores the enduring value and strategic importance of precious metals in modern investment portfolios.