Gold's volatility: is now really the time to invest?

The allure of gold as a safe haven has intensified amidst escalating global tensions, yet a closer look reveals a landscape far more complex than headlines suggest. Recent price swings, while still elevated above historical averages, demand a discerning eye – and a healthy dose of skepticism – before deploying capital.

The geopolitical ripple effect on precious metals

The current conflict in the Middle East, and its profound impact on oil prices, has become a key driver in gold’s recent volatility. As Thomas Winmill, portfolio manager at Midas Funds, points out,