What to Make of Gold’s Tremendous Rise
On Merryn Talks Money, we discuss the factors behind the metal’s surge and whether it will keep its role as the “everything hedge.”
Photographer: Akos Stiller/Bloomberg
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Gold is enjoying a bump after President Donald Trump announced new tariffs on US steel and aluminum imports this week. The precious metal has surged about 11% this year, setting successive records as the Republican’s disruption of global trade and geopolitics reinforces gold’s role as a store of value in increasingly uncertain times.
“It’s finally fulfilling its role as the everything hedge,” says host Merryn Somerset Webb on this week’s episode of Merryn Talks Money. She’s joined by reporter Jack Ryan, who covers mining and precious metals, and gold market veteran Charlie Morris of ByteTree to discuss what’s driving gold’s ascent and what investors can do to make some money out of the moves.