Fewer Americans now say they consider stocks a safe form of long-term investment, according to a new poll by Gallup.
As economic uncertainty looms and fears of a potential recession grow, Americans are increasingly turning to gold and gold-related stocks as a safe haven for their investments, according to a recent Gallup poll. The poll found that 25 percent of Americans consider gold the best long-term investment, surpassing real estate, stocks, and other traditional investment options. This shift in investor sentiment is driven by concerns over inflation, geopolitical tensions, and the possibility of an economic downturn. Financial experts suggest that while gold can provide stability and act as a hedge against inflation, investors should maintain a diversified portfolio to mitigate risks. The rising interest in gold is also reflected in the performance of gold stocks, with companies like Barrick Gold and Newmont Corporation seeing increased investor interest.