Data from the World Gold Council reveals central bank purchases remain elevated, particularly from BRICS nations. This sustained buying supports the thesis that investing in gold is not merely short-term speculation but part of long-term reserve diversification strategies. % — a market-crushing outperformance compared to 191% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor . Better yet, gold isn't tied to other asset classes. That means when the stock market goes down or you lose money in other investments, gold is typically not impacted the same way, giving you a good option for spreading risk across your portfolio. Commodity futures data indicates gold contracts on COMEX are trading near six-month highs. Investing in gold is increasingly seen as a defensive play, especially as bond yields edge lower, potentially reducing opportunity costs for holding non-yielding assets. Market volatility in tech stocks also pushes capital toward metals.