How far will the 2026 gold rally go?

Last year, geopolitical uncertainty, high government debt, and purchases by central banks laid the foundations for a gold rally. Gold mining stocks also benefitted, with some experiencing stronger price gains than the precious metal itself. The capture of Venezuelan President Nicolás Maduro has further increased the desire for safe-haven assets this year, with gold rising in the past week. In this insightful Q&A, Joachim Berlenbach, Founder and CEO of Earth Resource Investments, assesses the outlook for gold in 2026 and discusses: Key drivers behind last year’s gold rally Differences...