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2025-10-24

Gold has surged, breaking above $4,000 per ounce and elevating the precious metal into an incredible $30 trillion asset class.

The relationship between gold and inflation held up well in the 1970s and 1980s, but much less so in the 2000s.

Gold once made up a much larger share of global FX reserves. Today, there’s a sharp divide.

US–Iran Tensions Escalating! Gold, Silver New Highs Next Week?
Israel launched a preemptive strike on Iran under “Operation Roaring Lion,” with officials signaling an initial four-day intensive campaign. The U.S. military is also reportedly preparing for multi-day operations. President Trump confirmed U.S. strikes have begun, targeting Iran’s missile industry and naval capabilities to prevent nuclear escalation. JPMorgan raised its long-term gold view to $4,500 and keeps a bold $6,300 by end-2026 target. I Is geopolitical premium about to reprice sharply higher? Will gold hit $6000?
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