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Americans Are Late to the Gold Rally: Goldman Sachs
Gold prices have delivered one of the strongest runs in modern market history. After surging around 65% in 2025 and repeatedly setting new all-time highs, many investors jump to the conclusion that the trade is overcrowded. Goldman Sachs strongly disagrees. In fact, the bank points out how the rally has reached record levels without meaningful participation from U.S. investors. The expanding gap between price action and ownership — which sustained as long as American investors sit on their hands amid rising prices — is precisely why the metal may have further to run. One of the strongest pillars of gold’s ... (full story)
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- Jan 1, 2026 9:05am Posted byFundamental Analysis205
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