Gold is pricing in something the Fed won’t say out loud
Yahoo Finance·2026-01-02 00:33
You know something big is happening in the world when the price of gold is not only at record highs but is also on track to have its best yearly gains in 46 years. As 2025 draws to a close, gold broke through the $4,500 mark for the first time, and despite some pullback from a 70% surge, the precious metal is still headed for a roughly 65% annual gain. This is the strongest yearly advance for bullion since 1979. That year, the Iranian Revolution caused a spike in oil prices, and the Soviet Union invaded ...