Gold demand from central banks—the institutions responsible for their nation’s money supply—has skyrocketed to record levels in recent years. The central banks of Russia, China, India, Poland, and other nations are buying vast amounts of gold as a form of insurance against inflation and to reduce reliance on a weakening U.S. dollar. With persistent destabilization and economic fragmentation on the horizon, central banks may continue supporting record prices for gold in 2026 and beyond. 

Gold is becoming harder to find, more expensive to mine, and centralized in nations opposed to the United States. With the recent surge in demand from central banks, the tech industry, and consumers around the world, the rise in gold prices could be amplified even further. 

Gold’s historically low correlation to stocks and bonds makes it an essential asset that may help preserve and grow wealth. Adding gold to a portfolio can reduce help risk and improve long-term performance, especially during periods of economic downturn and high inflation.