The Big Long means one thing above all: holding remains the strategically sensible option for those already invested in gold. However, for newcomers, too, an entry remains attractive. The ideal portfolio weighting of gold is a matter of debate. However, the investment mainstream usually only recommends and implements gold allocations in the low single-digit percentage range, if at all. This reluctance stems from the fact that gold, being a nonproductive asset, does not pay dividends. However, historical observation shows: Gold outperformed yield-generating assets such as equities and bonds, particularly during market-critical phases. Investors should certainly consider this in their strategic asset allocation.