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Gold Nudges $3500 – Are we in a bubble ?

By Ross Norman of Metals Daily | Tuesday 22 April 2025


 


It is not often that the precious metals markets find themselves in what might be considered “bubble territory” so we are perhaps not best acclimatized to recognizing one. How do you know if you have been at the kool-aid too long ? Many in the industry like to see the gold price as the “grown up in the room” amongst financial assets which quietly yet firmly reflects the sum of all fears – unlike its rather more excitable cousin, bitcoin.  
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