Gold’s Historic Year: Not a Rally, but a Repricing of Risk
After gold’s strongest annual performance since 1979, many have framed the 65% nominal price increase as a “rally.” Peter Reagan, veteran Precious Metals Specialist at Birch Gold Group, says that’s missing the point. “What we witnessed last year wasn’t a gold rally,” Reagan explained. “It was a repricing of financial risks.” In 2025, investors confronted […]