Why Gold At $4,500 Still Doesn't Feel Like The End

CHONGQING, CHINA - JULY 19: In this photo illustration, a smartphone displays the logo of Newmont Corporation (NYSE: NEM), the world's leading gold mining company, in front of a screen showing the company's latest stock market chart on July 19, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images)Getty ImagesGold surpassing $4,500 per ounce should seem surreal. Not because of the figure itself, but due to the market's unusual behavior at such extremes. There is no frenzy. No ecstatic reta ...