What you will learn

• Explore major drivers of gold's rise: financialization, de-dollarization, central bank buying, regulatory shifts, and the dollar's reserve role.

• Explain the performance of gold as a safe-haven asset (gold’s returns during equity drawdowns and inflation surges, as well as non-financial crises).

• Utilize a framework to evaluate the future price path of gold (weighing gold’s diversification potential vs. its high relative valuation).