At $4,400 per ounce, gold is not obviously cheap. But it was not obvious in 2023 at $2,000 that it would reach $4,400.

Gold prices have fallen sharply since the onset of the West Asian conflict as expectations of higher interest rates for longer, a stronger dollar, and rising bond yields reduced gold’s appeal as a non ...

There was a time when a $2,000-per-ounce gold price felt like a ceiling that the market kept bumping up against — a barrier that seemed almost impossible to breach. That era feels like a different ...