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Bubble Worries Fail to Break Wall Street’s Gold Dust Fever
All that glitters may actually be gold, at least through the end of next year. After that, traditional wisdom still applies. The precious metal beloved by safe-haven investors and people eager to reinstitute the gold standard has more than doubled in price over the past two years, its best run since the energy crisis of 1979. Forecasts see the rally continuing through December 2026, though one analysis warns that gold’s boom alongside a runup in equities may warrant caution. At roughly $4,360 per ounce, the price of spot gold has risen 67% in 2025. The question of its future, the Wall Street consensus says, is not ... (full story)