Gold rush
Search documents
Goldman Sachs says the demand for gold is not just hype, and predicts the U.S. could still see a repeat of a Nixon-era spike
Yahoo Finance· 2025-10-17 17:52
The recent surge in precious metals isn’t fool’s gold. Lina Thomas, commodities strategist with Goldman Sachs Research, said in a video posted on Thursday the swelling price of gold is more than hype. “The rally remains grounded in fundamentals, not frenzy,” she said. The price of gold has skyrocketed 65% in 2025 due to tariff-induced economic uncertainty that has led to the depreciation of the dollar once favored as a safe haven. On Friday, the asset reached another record high of about $4,242 per ounce ...
X @The Wall Street Journal
The Wall Street Journal· 2025-10-16 08:18
A modern-day gold rush has amateurs grabbing their picks and "pay dirt" buckets in search of the motherlode https://t.co/VhgeU6jjkl ...
X @The Wall Street Journal
The Wall Street Journal· 2025-10-13 10:31
A modern-day gold rush has amateurs grabbing their picks and ‘pay dirt’ buckets in search of the motherlode https://t.co/pXEDjsoisx ...