A timeless symbol of wealth and a traditional safe haven, gold has risen nearly 25% over the last six months, nearly hitting US$3,000/oz for the first time in history.But what has made gold so special? Why does it command such universal value, particularly when compared to other precious metals that offer greater utility or are harder to find?We look into the forces driving gold's rally this year, its role as an inflation hedge, the factors influencing its price and whether it still has room to grow.Here’s what we explore:The anomaly of gold: Why does gold hold such a unique position as a store of value?A look at gold's historical performance and how regulatory changes over time have affected the price of goldThe historical context, global acceptance and self-fulfilling prophecy of gold as a hedge against inflationWhy central banks all over the world purchase and hold gold Can gold's performance continue given the rise of cryptocurrency and other investment classes?This podcast is brought to you by Superhero (www.superhero.com.au). Proudly helping over 400,000 investors and superannuation members on their wealth-building journey.__________Superhero and Qantas Frequent Flyer are giving you the chance to win a share of 5 million Qantas Points* so you can splurge big. 6 lucky winners will be drawn each week until the offer ends on 8 March 2025. All you have to do is make an Eligible Trade and link your Qantas Frequent Flyer account to enter. For further information and sign up details head to Superhero for your chance to win. T&Cs apply.This Promotion is authorised under NSW NTP/12120, ACT TP25/00024 & SA Licence No. T25/14.__________Did you enjoy this episode?Subscribe to us on Spotify | Apple Podcasts | YouTube.Keep up to date with market news and updates on Facebook | Instagram | Twitter.Learn more about investing and superannuation from our blog.__________Superhero Markets Pty Ltd and Superhero Super Pty Ltd do not provide financial advice that takes into consideration your personal objectives, financial situation or particular needs. All investments carry risk, so please consider carefully before making any investment decisions and seek independent financial advice. Past performance is not indicative of future performance. Pictures, charts and graphs are provided for illustrative purposes only.  Hosted on Acast. See acast.com/privacy for more information.

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