Is Gold considered as investment or insurance?

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'24.10.30【豐富│東南西北龍鳳配】Pt.1「黃金定律」改變,就是對美元的詛咒?
https://m.youtube.com/watch?v=VztC89yKrFs&t=1517s


The relationship between Gold prices and real yields broke after the freezing of Russia's Central Bank Assets. Maybe a coincidence, maybe not..
https://x.com/patrick_saner/status/1851560985137496484
You can find more of my postings in http://investideas.net/forum/
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