The recent surge in gold prices has sparked a debate among investors about the precious metal’s role in their portfolios. The rally, attributed to global geopolitical tensions, has led to a record-breaking price for gold, raising questions about its long-term value. What Happened: The price of gold has reached an all-time high, with the April gold contract climbing to $2,126.30 per ounce, the highest level since its inception in 1974, reported CNBC. This surge is largely due to global unrest, including the ongoing conflicts in Ukraine and Gaza, the upcoming U.S. presidential election, and unce…
