The gold market continues to improve as prices hold above $4,500 an ounce; however, one market strategist warns investors that January’s peak could represent a generational high. In his April metals outlook, Mike McGlone, Senior Market Analyst at Bloomberg Intelligence, said that gold faces a difficult hurdle created by its overextended speculative run at the start of the year. “At the end of February, the metal stretched to its highest-ever level versus the Bloomberg Commodity Spot Index and its greatest premium to its 60-month moving average since 1980,” he said. “Our takeaway is that gold's parabolic 2025 ... (full story)