Gold has forced its way back onto portfolio screens after its second-quarter correction failed to end the broader investment case. Spot gold traded at about $4,611 an ounce on August 27, 2026, after reaching $4,696.18 two days earlier; the World Gold Council put the Q2 LBMA PM average at $4,506.29, still 37% above Q2 2025. More tellingly, gold-backed ETFs attracted 46.7 tonnes in one week in August, their largest weekly inflow in 10 months. The interest is returning even while government bonds still offer substantial yields. The Longest-Horizon Buyers Never…
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