Price Performance of Gold Before and After the Start of Armed Conflicts When conflict breaks out in the Middle East, gold typically shines as a tactical safe haven, with prices jumping as traders add a geopolitical risk premium. Image: J.P. Morgan Commodities Research
Gold Price After the recent sharp pullback, gold is regaining ground helped by central‑bank purchases, lingering market jitters and growing bets on rate cuts. For now, global demand for bullion shows little sign of cooling. Image: MarketDesk Research
Gold Price vs. Gold Composite FX Breadth Indicator Gold’s role is shifting: it’s no longer just a safe haven but a cornerstone of monetary stability as central banks keep adding to their reserves in an increasingly fragile global system. Image: J.P. Morgan Flows and Liquidity
Bitcoin, Gold and S&P 500’s Performance Bitcoin has lost some ground lately, but at about 370% above its early‑2023 lows, it looks less like a speculative bet and more like a market finding its footing. Image: Deutsche Bank Research
Gold to S&P 500 Ratio Gold’s outperformance has pushed the Gold-to-S&P 500 ratio to its highest since 2013, signaling a defensive shift but not yet the kind of rush to safety seen during crisis years. Image: Goldman Sachs Global Investment Research
Gold Price vs. S&P 500 Gold has recently surpassed $5,000 per ounce, but it still looks cheap next to a balanced 50/50 portfolio of U.S. stocks and Treasuries. Image: Bloomberg
CBOE Gold Volatility Index Gold has been getting jumpy lately, with volatility back to levels we haven’t seen since the COVID market chaos. The metal doesn’t panic easily, but when it does, there’s usually a good reason. Image: The Daily Shot
Gold Prices in Real Terms Gold’s real price is sky-high right now. It’s a very different story from the dot-com boom, when investors piled into tech and gold fell out of favor almost overnight. Image: Deutsche Bank
Cumulative Gold Demand – Gold ETF vs. Central Banks Amid macro conditions, currency moves, and rising geopolitical tension, gold’s rally gathered pace in 2025 as central banks began competing with private investors for scarce bullion. Image: Goldman Sachs Global Investment Research
Gold Price vs. Other Assets You have to go all the way back to 1980 to find a time when gold looked this pricey against other assets. The question now is whether the metal cools while everything else catches up. Image: Bloomberg
Gold Price Forecast Goldman Sachs is turning more bullish on bullion, lifting its December 2026 forecast to $5,400 an ounce from $4,900, as private-sector diversification into gold starts to gain traction. Image: Goldman Sachs Global Investment Research