What is Driving the Gold Rally?

Gold Prices Top $4,000 for First Time
https://www.wsj.com/finance/commodities-futures/gold-price-4000-ounce-record-d63ab2bd
Record run for futures comes amid concerns about the economy’s outlook.

Gold Rally Points to Eroding Faith in Global Central Banks
https://www.wsj.com/economy/central-banking/gold-price-central-bank-28eac30f
In Japan, as in the U.S., a new leader wants the central bank to make government debt more bearable, which could feed inflation.

A New Wall Street Trade Is Powering Gold and Hitting Currencies
https://www.wsj.com/finance/commodities-futures/a-new-wall-street-trade-is-powering-gold-and-hitting-currencies-62a61fdb
Investors are pouring money into dollar alternatives like bitcoin and precious metals.

 
What Is the Price of Gold Telling Us?
https://www.wsj.com/opinion/gold-price-4000-dollars-inflation-economy-federal-reserve-donald-trump-jerome-powell-aa20c8b0
There are many reasons these days to look for a hedge against uncertainty.

Gold has never been more expensive yet nobody knows what it’s worth
https://www.telegraph.co.uk/money/investing/stocks-shares/gold-never-more-expensive-but-nobody-knows-what-worth/

The dollar has lost 99pc of its value relative to gold since 1971.  

How to Invest in Gold
https://www.wsj.com/finance/investing/buy-gold-investing-explained-3ac6ca22
There are several different ways you can invest in gold, from futures contracts to exchange-traded funds.

Gold's Role Reconsidered: What Drives Its Value and Returns?
https://www.fa-mag.com/news/gold-s-role-reconsidered--what-drives-its-value-and-returns-84410.html