Why Pre-1933 Gold Coins Deserve a Place in a Diversified Portfolio
Gold has returned to the center of the asset allocation conversation. After breaching $5,600 per ounce earlier this year and settling into the mid-$4,000s, the metal has outperformed the S&P 500, the Bloomberg Aggregate Bond Index, and every major fiat currency over the trailing 12 months. Institutional flows reflect the shift — central bank gold purchases exceeded 1,000 tonnes for the third consecutive year in 2025, and sovereign wealth funds across Asia and the Middle East have pu
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