So far in 2025, the spot price of gold has hit 16 record highs. And even though gold declined by more than 1 percent in mid-March, to around $3,015 an ounce, due to a strengthened U.S. dollar, experts still see gold shining in the future. This optimism is fueled by the Federal Reserve’s anticipation of at least two future rate cuts this year as well as ongoing geopolitical tensions, including renewed conflict in Gaza. But gold isn’t the only shiny metal you could add to your portfolio.
Gold is part of a wider asset class known as precious metals, which includes silver and platinum. Historically, precious metals have held strong as inflation hedges, and their low correlation to other asset classes such as stocks and bonds mean that even a sliver of your portfolio devoted to precious metals could reduce volatility and risk.
