Bond King Bill Gross Says Gold Has Now Become A 'Momentum/Meme Asset:' 'If You Want To Own It...'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Legendary bond investor Bill Gross has advised caution regarding gold investments, despite its recent surge. Gold prices have been on a searing rally in 2025 so far and have doubled since early 2024, soaring more than 56% year-to-date, rising from $2,712 per troy ounce at the beginning of 2025 to $4,249 on Saturday. Gold Rally Overextended? However, Gross suggested that the gold rally appears overextended ...