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Gold Jumps 2.4%, Breaches $4450/Oz On Geopolitical Risk - Are Further Gains In Store?

Gold Jumps 2.4%, Breaches $4450/Oz On Geopolitical Risk - Are Further Gains In Store?

By MarketPulse by OANDA GroupAll Articles on Seeking Alpha

MarketPulse by OANDA Group 3 Follower s Follow 5 Share Save Play ( 4min ) Comments Summary Gold (XAUUSD:CUR) surged another 2.4%, putting it in sight of the $4500/oz handle. It has been a stellar year for the precious metal with AI optimism leading discussions, and yet the precious metal beat overall stock performance by some distance. Gold is up around 66% YTD, while stocks (S&P 500) are only up 17%. The focus in the coming days may rest on the geopolitical risk angle, which continues to intrigue and frustrate in equal measure. Any escalation on any front may result in further haven demand. e-crow/iStock via Getty Images By Zain Vawda Gold ( XAUUSD:CUR ) appears to be the gift that keeps on giving in 2025 as the precious metal surged another 2.4%, putting it in sight of the $4500/oz handle. It has been a This article was written by MarketPulse by OANDA Group 3 Follower s Follow MarketPulse is an award-winning industry analysis and news site service created by OANDA Business Information & Services, Inc. Covering forex, commodities, global indices and more, our goal is to give timely, relevant and informative commentary on major macroeconomic trends, technical analysis and worldwide events impacting the industry.

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