Ray Dalio urges 5-15% gold allocation amid Iran war uncertainty

13 articles · Updated · MarketWatch · Apr 27

Dalio, founder of Bridgewater Associates, cites the ongoing Iran war, now in its ninth week, and the blocked Strait of Hormuz as key reasons for recommending a higher gold allocation.
He highlights rising oil prices—up nearly 70% this year—and canceled U.S.-Iran talks as factors fueling global economic and market volatility, with gold up about 8% year-to-date.
Dalio also points to shifts in global reserve currencies, increased use of the Chinese renminbi, U.S. sanctions, and the potential for a more multipolar world, alongside AI-driven changes and widening wealth gaps.

Beyond gold and the dollar, what truly defines a 'safe asset' in this new era of global instability?

With gold prices at record highs, has the window for investors to safely follow Dalio's advice already closed?

As central banks hoard gold, is the U.S. dollar's reign as the world's dominant currency facing an irreversible decline?

How will the Iran conflict permanently reshape global energy maps and the strategic value of the Middle East?

Is the growing threat of 'stagflation' a genuine long-term risk or a temporary consequence of the current global conflicts?

Can the Chinese renminbi truly challenge the dollar's supremacy while China maintains its strict capital controls?