Merryn Talks Money Gold vs. Bitcoin: What’s Driving the Safe-Haven Rally in 2025
9 snips
Sep 12, 2025 Noor Al Ali, an expert from Bloomberg Markets Live, joins to dive deep into gold's impressive resurgence and its potential as a new reserve currency. They explore the significance of gold amid fluctuating global markets and its role as a hedge against economic uncertainty. The discussion includes rising demand from central banks, and the unique dynamics of both gold and Bitcoin in today's investment landscape. As geopolitical tensions grow, the podcast unpacks how these factors could reshape our financial future.
AI Snips
Chapters
Transcript
Episode notes
Gold Fueled By Politics And Positioning
- Gold's rally is driven by politics, policy and positioning rather than just fundamentals.
- Central bank buying and ETF inflows are treating gold as both a safe haven and a structural reserve.
Record Highs Signal Structural Rally
- Gold has broken both nominal and inflation-adjusted records, signaling a rare long-term move.
- The current rally is steadier and more structural than the 1980 spike, spreading across two years.
Gold Decoupling From Traditional Fundamentals
- Gold's price has decoupled from usual fundamentals like real yields during this cycle.
- Markets expect Fed cuts and a weaker dollar, but gold's rally is partly anticipatory and independent.