
Since the economy is not expected to sail in calmer waters anytime soon, SPDR Gold Trust ETF (GLD), iShares Gold Trust ETF (IAU), and World Gold Trust - SPDR Gold MiniShares Trust (GLDM) could be ideal investments to help portfolios retain their luster even amid inflation, volatility, and occasional black swan events.
While the U.S. dollar was gaining strength due to interest-rate hikes by the Federal Reserve, the demand for gold from central banks worldwide totaled 1,136 tonnes in 2022, which is usually negatively correlated to the world reserve currency.