
Gold and silver both enjoyed record-setting rallies in 2025, surging 66% and 135% respectively. Three forces drove this: geopolitical turbulence, a structural shift in central bank strategy, and eroding confidence in the dollar as a reserve anchor.

Gold and silver both enjoyed record-setting rallies in 2025, surging 66% and 135% respectively. Three forces drove this: geopolitical turbulence, a structural shift in central bank strategy, and eroding confidence in the dollar as a reserve anchor.
Gold has long been regarded as a safe haven for investors, especially during periods of economic uncertainty, high inflation, or geopolitical tension. Its intrinsic value, global liquidity, and historical role as a store of wealth make it a preferred asset when traditional markets become volatile.
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