Gold Rush: Boom or bubble?
Update: 2025-12-11
Description
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, Department of International Relations and Associate Director of the Phelan United States Centre at the London School of Economics & Political Science.
- Jim Luke, Portfolio Manager of Schroders Global Gold Fund.
Producer: Miriam Hall
Senior Producer: Julia Johnson
Executive Producer: Kate Ford
Photo credit: Getty
Get in touch: thebusiness@thetimes.com
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