When prices are high and global conflicts destabilize the world, some investors start looking backwards—away from an uncertain future and toward the predictability of the past. And what’s older and more dependable than gold?

Gold smuggling into India has spiked ahead of key festivals, government and industry officials told Reuters, in response to record-high prices and a supply crunch.

The trend for gold remains “unambiguously bullish” from a technical standpoint, said Fawad Razaqzada, market analyst at City Index and Forex.com. Prices for the precious metal on Comex were on track to settle at another record high,

Gold prices are on a historic rally but a business professor from Tulane University isn't convinced that the precious metal is a smart investment.

(Reuters) -ANZ on Thursday forecast gold would reach $4,400 per ounce by the end of 2025, driven by mounting geopolitical, economic, and financial uncertainties alongside expectations of Federal Reserve monetary easing.

Follow all the latest U.S. market action for Thursday here as stocks strive to rally after some choppy sessions and as earnings season provides impetus.

Two Speedmasters originally given to NASA astronauts Richard “Dick” Gordon Jr. and Edgar “Ed” Mitchell are being auctioned off in the auction house’s Space Exploration sale this month. Running from now until October 16, the online auction includes more than 600 lots that run the gamut, from astronaut equipment to museum-worthy relics.

Gold offers investors a hedge against an uneasy financial environment as policymakers weather the uncertain environment, analysts said. Stress in long-term bond markets and a devaluation of the U.S. dollar have unsettled alternative assets typically viewed as low-risk investments, they added.