What’s Driven Gold Prices Up in 2025?

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Gold prices have surged over 60% in 2025, driven by central-bank buying and investor retreat from sovereign bonds and currencies, making it the best annual performance since 1979.

Market Impact

Market impact analysis based on bullish sentiment with 81% confidence.

Sentiment
Bullish
AI Confidence
81%

Article Context

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Gold has surged more than 60% this year and is on track for its best annual performance since 1979. The rally has been underpinned by elevated central-bank buying and a retreat by investors from sovereign bonds and currencies. Bloomberg’s Jack Ryan breaks down the situation.

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Original article published by Bloomberg on December 16, 2025.
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