Gold prices are up about 25% this year as investors seek a safe haven from trade war anxieties and geopolitical tensions. High-net-worth Americans are increasingly turning to physical gold to diversify from the depreciating U.S. dollar, according to Stephen Jury of J.P. Morgan Private Bank. While paranoid gold investors may be tempted to keep their bullions at home, there are more secure — and pricier — options, such as vaults in the Swiss Alps. An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.
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