Gold Prices Hit Record Highs: A Portfolio Wake-Up Call | Merryn Talks Money
Market Intelligence Analysis
AI-PoweredGold prices have reached record highs, surpassing $5,000 per troy ounce, driven by investor demand and inflation concerns, prompting a portfolio wake-up call for investors.
Market impact analysis based on bullish sentiment with 90% confidence.
Article Context
Investors have flocked to gold in the past year, prompting the precious metal to notch a series of price records and eclipse its inflation-adjusted peak from 1980. It even smashed through $5,000 per troy ounce this week—a first. What’s fueling the record-breaking run and where could the price go from here? On this week’s episode of Merryn Talks Money, John Reade, market strategist for Asia and Europe at the World Gold Council, joins host Merryn Somerset Webb to offer some answers. (Source: Bloomberg)
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