Gold Rush: Boom or bubble?
The Business

Gold Rush: Boom or bubble?

2025-12-11
Gold, the world's oldest asset, is experiencing a remarkable boom. Its value has surged from just over £2000 per ounce a year ago to well over £3000 today, reaching highs not seen since the 1970s. This rapid rise is unusual because gold typically peaks when stock markets decline, yet this rally has coincided with booming equity markets. So, what is driving the value up? Have we reached the peak, or is there more growth to come?Guests:Mehreen Khan, Economics Editor, The Times.James Ashley Morrison, Associate Professor, D...
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