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World Gold Council says gold’s run not out of steam yet
Even as gold prices continue to hit new record highs every trading day, the rally might still have some legs, according to the World Gold Council. Gold hit a new high of $4,258.76 per ounce on Thursday. Its future trajectory hinges on investor reactions to tactical and fundamental elements. “In our view, comparisons to 1979 are enticing but misleading,” the WGC said in its latest update. Driving factors behind gold’s rally There are reasons to believe that gold’s run has not run out of steam, especially in the broader macroeconomic context. Factors that could further support prices include easing high real ... (full story)
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Oct 16, 2025 2:49pm
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