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Joe Cavatoni: Gold Shining, Risk Assets Under Pressure — What’s Next?

Gold has seen rapid price gains in 2025 — is its move past US$3,000 per ounce sustainable?
Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, said although the metal’s ascent has been quick, it’s underpinned by strong fundamentals.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.