- Many investors see gold as a sort of haven in times of turmoil, and prices have surged amid Russia’s invasion of Ukraine.
- Gold bullion - typically seen by many investors as a haven in times of international tensions - climbed above US$2,000 per troy ounce in March as investors sought hedges from inflation and political turmoil.
- Most gold producers generate significant cash flow at current prices and have real free cash flow to return to investors, even after reinvesting in their businesses.
For further details see:
Gold, Inflation And Geopolitical Tensions