
Gold has surged to the top of investors' wish lists in 2025. The yellow metal, long revered as a hedge against inflation and geopolitical turmoil, has seen its price rocket to record highs above $3,600 (€3,080) per ounce, delivering returns of nearly 40% year-to-date ––gold's best year since 1978.
While global equity markets have delivered positive returns this year, they remain well behind gold’s performance. In contrast, bonds are enduring yet another year of disappointing performance.