What's Driving Gold's Record Price Surge

Tell us about the primary drivers behind gold's recent price surge to record highs. Do you believe these factors remain in place going forward?

It's really about the same story that you would expect out of gold. You tend to see gold perform well during periods of uncertainty, whether it's economic or geopolitical. Things like falling interest rates and central bank buying have really been bullish for gold and really pushing prices higher.

Particularly as we see countries moving away from the US dollar to a period of de-dollarization, that's really been pushing gold prices higher. I think when you start to look at the yield curve, you're starting to see a steepening that's happening there, which is an indication that investors are starting to lose some of the faith in central banks, and that's a positive indicator for higher gold prices going forward.