Is gold a bubble waiting to burst?

A BUBBLE IN GOLD?

clock • 3 min read

Paul Duncombe, head of Schroders' multi-asset investment solutions, questions whether gold is heading into bubble territory following a spike in the price of the precious metal on QE2.

All the talk of currency wars and a new round of quantitative easing by the US Federal Reserve have lifted gold prices from one all-time high to another. With prices up more than 25% so far this year, gold is heading for its 10th consecutive annual gain - its longest winning streak in almost a century - outperforming global equities, bonds and most other commodities. In times of uncertainty and austerity, nothing glitters quite like it. But - as gold takes the medal for one of the best-performing asset classes of the last decade - many investors are concerned that the relentless rise ...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Commodities

Deep Dive: Gold has room to run for those diving into miners

Deep Dive: Gold has room to run for those diving into miners

Cemented its safe haven status

Maria Nicholls
clock 27 June 2025 • 4 min read
Goldman Sachs AM heeds caution about running into energy stocks

Goldman Sachs AM heeds caution about running into energy stocks

Brent crude up 20% over the month

Linus Uhlig
clock 19 June 2025 • 2 min read
Kepler Partners' Josef Licsauer: Ways to play the gold rally

Kepler Partners' Josef Licsauer: Ways to play the gold rally

Hitting all-time highs

Josef Licsauer
clock 02 April 2025 • 5 min read
Trustpilot