Gold has always played a unique role in the global financial system. For centuries, it has been viewed as the ultimate store of value during periods of monetary uncertainty, inflation, and geopolitical instability.

Gold prices remain under pressure after a steep correction from January’s record highs, with rising bond yields and expectations of higher interest rates reducing the appeal of non-yielding assets.

Gold prices may be correcting, but billionaire investor Frank Giustra says this is a normal part of the cycle—not a reason to sell. Rising oil prices, interest rates, and geopolitical tensions are creating temporary pressure on gold, and why he believes a massive rally could be ahead.