Gold investing commodity strategists highlight that

Commodity strategists highlight that copper’s rally is not undermining gold’s appeal, as the latter’s demand is being driven by monetary factors and risk hedging. Gold investing continues to diversify institutional portfolios. Where will Bitcoin be in 10 years? The answer might surprise you. That being said, I do not believe gold is worthless either. It can play a role if you think of it as insurance, not an engine of growth. If you have a healthy, fully diversified portfolio, 3% to 5% max seems reasonable for the person who is really concerned about inflation, currency debasement and/or geopolitical risks. That’s your ticket. But go overboard by 20% or more, and then claim gold is somehow better than equities, you’ve got to be kidding me. Gold is an emotional relief valve, not a wealth accumulation vehicle.” Short-term technical charts show gold consolidating in a $2,325–$2,355 range, with RSI levels pointing toward continued buying momentum. Gold investing remains firm on expectations that real rates will trend lower.