Why a professor of finance isn't impressed by gold's stunning rally in 2025
Lucian Nemoiu
It seems not a day goes by without gold hitting another all-time high. The rally continued on Monday with a fresh record of $4,074 per ounce. But amid the scramble for the precious metal in 2025, a finance professor at Tulane University tells Business Insider that he doesn't agree with most of the premise behind gold's rapid rise. Gold is up by about 55% this year, beating risk assets like stocks and bitcoin as investors pile in on heightened fears about everything from more inflation to
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