Gold has recaptured the spotlight in the investment world in recent years — and for good reason. For starters, the precious metal's allure has intensified amid a range of economic uncertainties and pressures. And, with gold prices recently reaching historic highs and inflation concerns persisting, investors are increasingly turning to this time-tested safe-haven asset for both the potential returns and protection it offers.
So, investing in gold stocks or gold ETFs in July could position you to benefit from the seasonal uptick in demand for the precious metal .Geopolitical tensions are ongoingGeopolitical tensions and conflicts are occurring across the globe, and these types of pressures can cause economic uncertainty. In turn, these events tend to drive investors toward safe-haven assets like gold.