Gold's Unprecedented Surge in an Everything Rally In the midst of a global “everything rally,” where asset classes across the board—from U.S. to Japanese and German stocks, alongside bitcoin—are reaching record highs, gold’s unprecedented climb stands out for several reasons. Despite the typical pattern of rising prices attracting speculative interest, gold ETF holdings have surprisingly declined even as its price surged, a phenomenon highlighted by Jim Bianco of Bianco Research. Contrary to expectations, gold’s value has increased amidst a strengthening dollar and diminishing expectations for Federal Reserve interest rate cuts. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts China’s ‘silver economy’ fuels a new gold rush READ MORE Gold hits record highs on safe-haven demand, US rate cut bets READ MORE Scientists reveal Antarctica’s tallest active volcano is blasting out gold that could be worth a fortune READ MORE MARKETS Copper prices climb to 2024 high as Citi calls the start of the metal’s second bull market this century READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment
