Gold Rally Gains Momentum as Investment Demand Hits All-Time High

TL;DR Summary
Global gold demand reached a record in 2025 driven by geopolitical uncertainty and a surge in investment demand, sending gold futures above $5,500 an ounce and outpacing the S&P 500 as ETFs, bars, and coins collectively rose about 84% to 2,175 tons; analysts say the momentum from the “debasement” trade and ongoing risk environment could keep the rally alive into 2026.
- Gold Surges Past $5,500. Why Investor Demand Can Keep Driving the Rally. Barron's
- Gold and silver keep hitting record highs. But is the precious metals market 'broken'? CNBC
- Heavy metal: soaring gold price a crushing weight in Vietnam Yahoo Finance
- Gold’s soaring so fast it’s topped Goldman target set only last week. Now a JPMorgan analyst plots path to $8,500. MarketWatch
- Gold volatility explodes as price trades like a meme stock FOREX.com
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