Global Investors Dump Dollars, Embrace Shiny Metal Like Hoarders at IKEA

KEY POINTS

•Investors globally have raised gold prices over 17% in 2026, seeking safety from U.S. political unpredictability.
•Central banks bought more gold than U.S. Treasuries in October for the first time in 30 years, showing a shift in reserves.
•Metals demand rises due to booming data centers and global tensions, while experts debate gold’s ongoing value in uncertain markets.

In a plot twist that would confuse even Nostradamus, gold prices have glittered up over 17% in 2026 as global investors throw side-eye vibes at U.S. dollars and Treasuries, tired of Washington’s unpredictable political rodeo. Joe Brusuelas from RSM U.S. called it 'risk from policy fragmentation,' because apparently politics is like a soap opera you can't stop watching. Meanwhile, TwinFocus CEO Paul Karger says central banks still slowly gulp dollar-flavored poison—even as, for the first time in three decades come last October, they snatched more gold than Treasuries, showing 30 years of patience can lead to shiny new safe havens. Silver’s crashing the party too thanks to booming data centers, proving metals have a glow-up in geopolitical stress. BlackRock’s Russ Koesterich assures us gold’s value is whatever we freaky humans decide, meaning it’s safe until someone tires of shiny rocks. Whether anyone in D.C. gets salty? Stay tuned.