Commodities
Gold Surges as Market Warns Investors They're Not Bullish Enough
The price of gold is surging in US Dollars, heading for its steepest leap since September 1999. According to BullionVault's Adrian Ash, 'You're not bullish enough. No one is.'
Last year, Donald Trump's return to the White House saw gold prices blow past forecasts day after day. This year, it seems the metal has sent a similar message.
Growth in bond yields has been accompanied by a sharp increase in gold prices. Net demand for gold at BullionVault is running at its strongest since June 2025, with customers buying almost $16 million-worth of gold so far this month.