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Why Investors Can't Seem to Get Enough of Gold
Bloomberg Televisionยท2025-10-01 13:22

Gold has surged to record after record in recent weeks. But what's driving this. While extending a ferocious run in 2024, bullion surged about 45% this year.That's putting it on track for the biggest annual increase since 1979. It's hit a record high of over $3,800. And Goldman Sachs and Deutsche Bank both expect that rally to extend.This all comes down to gold's centuries old reputation as a safe bet, a haven asset in confusing or turbulent times. The latest rally has been fueled by the political stalemate ...