Estimating Gold's 'Fair Value'

Silver was 2025's best-performing asset, and gold wasn't far behind. What is behind the monumental rally in precious metals, and how long can it last? John Hathaway, a veteran gold analyst and portfolio manager at Sprott Asset Management USA  joins Barron's Senior Managing Editor Lauren R. Rublin and Senior Writer Paul R. La Monica for a discussion of metals, miners, and more.

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