Gold's Glitter May Fade: Expert Cautions on Gold's Vulnerability Post-Rally Despite reaching new all-time highs amid strong U.S. economic data and ongoing geopolitical tensions, gold’s future rally may not be guaranteed, according to veteran advisor Bob Parker of the International Capital Markets Association. Parker points out a “catch-up effect” as a significant driver behind the recent surge. This effect refers to gold’s attempt to match its past underperformance relative to global equity markets. Additionally, Parker highlights the debated but acknowledged correlation between gold and Bitcoin as influencing gold’s appeal. However, Parker also notes the obscure yet impactful role of central bank purchases, especially from Asia, as a key factor in gold’s current standing, suggesting a mixed outlook for the metal’s future. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Cooling Inflation Sparks Treasury Rally, Reshaping Fed Policy Outlook READ MORE Oil Volatility Hits Multiyear Low as Threat of Mideast Conflict Lowers READ MORE Global Equity Slump Forces Gold Selloff, Prices Drop Below $2,425 READ MORE Oaktree's Marks Forecasts 3-4% 'New Normal' for US Interest Rates READ MORE Should I Buy Gold and Silver Coins or Rounds? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment