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You're listening to Life Kit from NPR.
Hey, it's Mariel.
I lost a gold hoop earring the other day, one of several pieces of jewelry that have recently disappeared.
And my first thought was, I clearly cannot be trusted
with real gold jewelry because have you seen the price of gold these days?
Gold has just been on this record-breaking tear.
And now the price has been going up for a few years,
but last year was the best year for gold since 1979. This is Maria Aspan.
She's a finance correspondent at NPR.
And she says gold tends to be seen as a safe haven investment when things are looking scary in the world.
It's sometimes called part of the fear trade.
So in the past year, we've had a trade war.
We've had a real war in Iran.
We've had an energy crisis where we've seen concerns about inflation still not being under control.
And gold is often seen as a hedge against all of that.