How much further will gold shine in 2025?

Gold is widely viewed as a safe haven asset and is used by investors to hedge against inflation. Exchange-traded products have made it easier for retail and institutional investors to gain exposure to gold. This year, the price of gold has risen, reaching a record high in April. Falling interest rates, declining bond yields, and a weaker US dollar have all contributed to this increase. Central banks, especially in emerging markets, have also driven the demand for gold, while investors like gold’s perceived stability, particularly amid today’s global uncertainty. Historically, it has performed...