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The FOMO-fueled gold bubble may now be turning into a ‘mini-bust,’ analysts say
Yahoo Finance· 2025-10-27 20:15
Gold prices continued to decline Monday while stocks galloped to fresh record territory, stirring doubts about the precious metal’s massive rally. Until a few weeks ago, gold looked unstoppable as it blew through record high after record high and at one point was up more than 60% for the year. But since peaking earlier this month, prices are down 9%, hovering around $4,000 per ounce. Some on Wall Street tried to explain the surge in gold demand by citing the desire to shift away from dollar-denominated a ...