Safe Haven

A safe haven refers to a place or investment that is considered secure and stable, especially during times of economic uncertainty or market volatility. In finance, safe havens include assets like gold, government bonds, and certain currencies that investors turn to when they seek to protect their wealth from losses. These assets tend to retain their value or appreciate when the stock market is falling. The concept also applies more broadly to physical locations or communities where people feel safe from harm or danger, providing a sense of security and refuge.