Most Read from The Wall Street Journal“At least in my adult life, nothing’s gotten better,” said Vazquez, who is 33. Nervous about their country’s shaky economy and seeking hard assets outside its collapsed property market, they recently have hoarded physical gold. Investors’ rush to gold has compounded demand from central banks, which stockpile stacks of bars as monetary reserves. “It might be that [the market’s] just realizing that ‘Hey, gold prices were probably too low,’” he said. I want to know it’s mine.”Write to Bob Henderson at bob.henderson@wsj.comMost Read from The Wall Street Journal

Source: Wall Street Journal May 11, 2024 13:29 UTC