Trends in gold prices could indicate whether the asset can protect against inflation. Here's a look at how the precious metal is doing today.
The article from Fortune, dated May 29, 2025, discusses the current price of gold, which stands at $2,350 per ounce. It highlights the factors influencing this price, including geopolitical tensions, inflation rates, and monetary policies from central banks. The article also provides insights into market trends, with experts suggesting that gold prices may continue to rise due to ongoing global uncertainties. Additionally, it mentions the impact of gold as a safe-haven investment and its role in diversifying investment portfolios amidst economic volatility.