Is buying gold a recession indicator?

Ed Sheeran being cool again, Lady Gaga touring, Labubu dolls selling out. Memes about recession indicators are everywhere right now, thanks to unstable markets in the US and trade tensions across the world. So what do you actually invest in when times are tough? Gold apparently.  Prices for the metal are up globally and Australian gold prospectors are loving it. We hear from some of them and we ask a finance expert whether all the recession indicator memes are actually... a recession indicator. Guest Angel Zhong, finance professor, RMIT Get the whole story from Hack: Follow us on Instagram Listen to our deep dive wherever you get your podcasts  Listen on the triple j app or on your radio live at 5:30pm