Gold Price Rally Set to Continue in 2025 [Yahoo! Finance]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
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Source: Yahoo! Finance
Bitcoin has risen nearly 50 per cent since November 3 – the eve of the US election – while Dogecoin, a so-called ‘memecoin' which many crypto investors associate with Elon Musk, has more than doubled in the same period. But despite crypto dominating the column inches, there has been another unconventional asset class that has had a blistering year: gold Prices for the yellow metal have risen nearly 28 per cent in sterling terms, as investors retreat back to the traditional safe haven amid an uncertain geopolitical and economic climate. Having started the year changing hands at £1,602 per ounce (/oz), gold hit several all time highs throughout 2024 during a bull run that reached its apex of £2,163/oz in late November before tailing off to 2,071/oz at the time of writing. Such a sizeable jump across the year would usually precipitate prices coming back down as investors shy away from its higher price; a trend that has been partially vindicated by the asset class's dip in the la
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