Economic expert Mohamed El-Erian, chief economic advisor at Allianz, noted that gold has delivered a strong return. He emphasized that the precious metal continues to be a reliable asset amid global economic instability. According to him, investors are increasingly turning to gold as a means of capital preservation. The expert also added that demand for gold is growing against the backdrop of rising inflation in major world economies. In conclusion, he noted that in the near future, gold is likely to maintain its position as one of the most attractive assets for investors.
