World Gold Council: Gold breaks $4000/ounce. Will the trend continue or is a turning point appearing?

The World Gold Council released a statement saying that on October 8, 2025, gold broke through the $4,000 per ounce mark, marking another historic milestone. Subsequently, gold continued to break through $4,100 per ounce and $4,200 per ounce, advancing towards its strongest annual performance since 1979. The market's discussion comparing the current gold market to that of the 1970s is heating up, and investors are starting to assess whether the recent trend is a signal of continuation or the beginning of a reversal. The World Gold Council stated that gold breaking through the $4,000 per ounce mark signifies a new milestone. Its future trend will depend on investors' response to tactical factors and fundamental elements. The Council believes that while the comparison between the current trend and the market in 1979 is attractive, it is also misleading. The World Gold Council believes there are good reasons to believe that the upward trend in gold has not yet peaked, especially when considering the broader macroeconomic background. Reasons for this include the possibility of falling real interest rates, credit spreads with room to widen, and potentially overvalued stock markets. Short-term fluctuations in gold prices may be due to portfolio rebalancing, market corrections, and technical signals, while long-term resilience is rooted in the expanding investor base, ongoing policy uncertainties, and the potential for growth in the gold investment market. The Council believes that as gold advances into a new stage, its strategic advantage will continue to balance tactical risks.