Source: The Patriot Light | AWK Network | VIEW ORIGINAL POST ==>
Authored by Michael Wilkerson via The Epoch Times,
This year has started off with a golden hue. Gold and silver have been among the best-performing asset classes in 2025, up 12 percent and 14 percent, respectively, year-to-date. Over the past two months, these precious metals have outperformed bitcoin, which was the best performing asset in 2024, and equity markets around the world. Gold looks positioned to easily top $3,000 in coming weeks, with silver similarly hitting all-time highs.
There are many reasons to believe that gold prices have further to run from here. Some of the biggest factors supporting a higher gold price include the ongoing accumulation of gold by central banks, persistent inflation, and a global supply shortage of physical gold.
Central banks, which hold as much as 20 percent of total global gold reserves, are key to the long-term growth in demand for the metal. In recent years, central banks around the world have been accumulating substantial quantities of gold. Net central bank acquisitions of gold topped 1,045 metric tons in 2024, marking the third year in a row of purchases above 1,000 metric tons. These figures reflect the publicly disclosed amounts;…
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