Gold Is at Record Highs. Can This Rally Last?

From darden.virginia.edu

Gold is shining especially bright right now. The precious metal keeps setting new price records, surging past $3,800 an ounce on Monday for the first time. The price has climbed an impressive 45% this year, extending a strong run from last year. 2025 is shaping up to be gold’s best year since the 1979 melt-up, when an energy crisis triggered an inflationary shock that rattled the global economy. To understand what’s driving the rally — and whether it can last, The Darden Report spoke with Rodney Sullivan, executive director of the Mayo Center for Asset Management at UVA’s Darden School of Business. Gold has ... (full story)