Gold has anchored investment portfolios through decades of inflation, currency depreciation, and financial-market stress, and 2026 has been no exception: spot prices moved above $4,000 per ounce for the first time in the metal's history,
Black Monday on March 9, 2020, and Black Thursday on March 12, 2020, pulled stock investors out of the market. The pandemic brought down the stock market together with the oil price collapse.