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Gold prices continue to climb as investors look for a safe place to park their capital during a moment of geopolitical uncertainty, with the US government shutdown entering its second week.
The precious metal has gained more than 55% this year, and market analysts say investors aren't solely focused on its ability to protect against inflation.
“While stock markets have generally done well this year, gold has been a superstar," said Russ Mould, investment director at AJ Bell.
"Traditionally, investors would load up on the shiny stuff when markets look gloomy, not when they’re motoring ahead. It shows that investors are hedging their bets, particularly as there are growing concerns that euphoria around AI has gone too far and the
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