Gold Prices Rise Amid Shifting Investor Sentiment and Global Economic Concerns

Gold prices have surged significantly, driven more by narratives of global risk, uncertainty, and investor sentiment than traditional fundamentals like interest rates. Experts note a shift since 2023, with central bank purchases and demand from countries like China fueling a structural repricing of gold. Despite rising real interest rates, gold has decoupled from typical patterns, gaining appeal as a non-sovereign asset amid concerns over global debt and monetary policy.