Gold prices have gained as much as 20% in 2025, setting a new record and marking the best start to a year for the precious metal since 2006. 

The rally, driven by global economic uncertainties and a search for diversification away from US financial assets, takes gold’s rise since March 2024 to 50%. 

But what are some other alternative havens, and how do they compare with past performance in similar economic environments?

On Wealth Tracker, Hongbin Jeong speaks to Kiran Kowshik, Global FX Strategist at Lombard Odier, to find out more.

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