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Gold and Stocks at Record Highs: A Tale of Two Markets

When optimism and fear drive asset prices to extremes

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Bill Cara
Sep 04, 2025
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Gold has surged to a record $3,508.50, while equities also sit at all-time highs. This unusual alignment reflects a split investor psyche, with confidence in growth on one side and caution and hedging on the other. The divergence underscores the complexity of today’s markets, where the same macro forces support both risk assets and safe havens.

Diverging…

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