Gold's Strength Reflects Structural Risk, Not Speculation, Study - VanEck Gold Miners ETF (ARCA:GDX), SPDR Gold Shares (ARCA:GLD)
Benzinga·2026-02-27 11:25
The latest study from the World Gold Council (WGC) shows that the underlying force behind gold's recent strength is still in place.In a report, "Why gold in 2026?" WGC explains how risk assets have delivered surprisingly strong returns, yet the foundations beneath that performance appear increasingly fragile.Equities trade at elevated forward multiples, credit spreads remain compressed, and consensus GDP forecasts imply a resilience that contrasts sharply with historically high readings in economic policy u ...