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Is Gold Due for a Correction?
In an August 8, 2025, Barchart article on gold, I concluded with the following: Time will tell if gold continues to reach further record highs in the coming quarters. At over $3,440 in August, the leading precious metal that is a commodity and a currency reserve asset will now set a course for achieving the ninth consecutive quarterly record high in Q4 2025. Gold continues to reach new highs in October, with the December COMEX futures price hitting a high of $3,923.30 per ounce. Gold’s bullish trend since the low in 1999 continues, and the sky appears to be the limit for the leading precious metal. Meanwhile, the ... (full story)