Why Do We Think Gold is at Record Highs? Does It Still Belong in Your Portfolio? | Episode 14

Gold has been shining bright lately (pun intended) and has hit all-time highs as 2025 is coming to a close. But what’s really behind the surge? In this episode of Common Curiosities: Retirement, we dig into some ideas of why reasons why gold’s up, and explore whether it still makes sense as part of a modern portfolio.

Here’s what we unpack:

📝 Uncertainty and global tension — when people get nervous, gold often feels is a place some like to go

📝 A potentially softer U.S. dollar which may actually make gold (and maybe American exports) more appealing.

📝 If interest rates come down — as cash yields shrink, some investors look for new places to store value.

📝 The ease of owning gold — We'd say it’s never been simpler to invest without filling your basement with gold bars.

Then we get curious about the real question: Should you own gold at all?

Some see it as a hedge, others as speculation, some as an investment and some just like the historical shine. Michael CFP® and EA shares how he thinks about gold compared to other assets— and why the answer depends less on the metal itself, and more on what role it plays in your plan.