Why should you buy gold now?

Gold is up 8.2% since the start of the year, and economists think it will break its all-time high later this year.

Demand should stay strong at the central bank

There's a good chance central banks will buy around 700 metric tons of gold this year, way more than the average since 2010. As geopolitical risks and inflation rise, we expect this trend to continue."

The US Dollar is weaker, so gold is stronger

The direction of a weaker USD is clear, we think the lower US yield carry will keep the greenback down. There's a strong negative correlation between gold and the US Dollar, and we're expecting more USD weakness over the next 6-12 months.

Risks of a US recession may prompt safe-haven flows

According to recent US data, growth is slowing. According to the Fed's latest Senior Loan Officer Opinion Survey, tighter credit conditions are also likely to hurt growth and profits. Data since 1980 shows Gold's relative performance versus the S&P 500 improved remarkably in US recessions.