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Why gold's record-shattering rally has stalled out
The price of gold retreated this week after a steady, monthslong rally to all-time highs. The precious metal is down 7.6% since Monday, with most of the losses coming during Tuesday's session. The decline follows a 63% rally year-to-date. Investors had been piling into the asset as part of the so-called "debasement trade," a way to hedge against a falling US dollar amid fears over relentless government spending, mounting debt, and the potential for another bout of inflation. Not much in the fundamental outlook for gold has changed, save for perhaps a small rebound in the dollar, said Peter Perkins, a global strategy ... (full story)
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- Oct 23, 2025 5:49am Posted byFundamental Analysis272
