Gold market outlook

Since the end of the gold standard, gold has indeed outperformed most major currencies and commodities as a means of exchange. This outperformance was particularly notable in the immediate aftermath of the gold standard's collapse. However, it's important to note that gold has continued to show strong performance against major currencies in more recent times as well. The shift from a gold-backed currency system to fiat money has allowed governments more control over their monetary policies, but it has also led to increased currency fluctuations. In contrast, gold has maintained its value and even appreciated over time, making it an attractive store of value and hedge against currency devaluation.

The perception and role of gold as an investment asset have evolved significantly over the past two decades, driven by increased wealth in Eastern markets and a growing recognition of gold's benefits within institutional portfolios. The gold market demonstrates higher liquidity compared to se…