Tech Insider
Economy
On display at Agosi AG in Pforzheim is a gold bar that weighs 12.5 kilograms (400 ounces), has a fine gold content of 99.99 percent and lies on gold granules.
On display at Agosi AG in Pforzheim is a gold bar that weighs 12.5 kilograms (400 ounces), has a fine gold content of 99.99 percent and lies on gold granules.

Uli Deck/picture alliance via Getty Images

  • Millennials are beating baby boomers and Gen X-ers when it comes to investing in gold, according to State Street. 
  • Demand for the precious metal, widely regarded as a safe haven asset, remains strong as recession risks loom.
  • Gold has rallied almost 9% year-to-date, and is approaching the key $2,000 per ounce mark. 

Buying gold isn't much of a gamble, when it comes to investment strategies.

Tags
Markets, MI Exclusive, Gold, metals, Stocks, economy, gold investing, Safe Haven, Gold etf, ETFs, State Street, Millennials, Baby Boomers, Gen X
Source
Millennials are hoarding more gold than boomers and Gen X-ers as recession risk…