
It's the stuff of legend, the prize of pirates, and the bedrock of empires. Gold. And right now, it's doing something extraordinary. Smashing through the £3,200 per ounce barrier, the precious metal has triggered a frenzy of selling and sparked fevered speculation: could it climb to £5,000 in the coming months?
This surge, driven by a perfect storm of global economic instability, voracious central bank buying, and a weakening US dollar, marks one of the most dramatic rallies in gold's modern history.