Poles Embrace Gold as Hedge Against Eastern European Instability

27 June 2024

Poland has experienced a surge in gold investments, driven by geopolitical tensions and economic uncertainties. The trend began during the COVID-19 pandemic and intensified following Russia’s invasion of Ukraine. Many Poles view gold as a safe-haven asset, offering both financial security and psychological comfort in troubled times. The ongoing war in Ukraine and migration issues at the Belarus border have sustained this demand. While NATO membership provides some reassurance, concerns persist about potential Russian expansion. Gold’s appeal lies in its portability and perceived stability, with some investors allocating a portion of their assets to precious metals as a precautionary measure.

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