Reported 2 days ago
Gold prices have surged over 28% in 2025, raising concerns among traders, including Carley Garner, about the risk of a 'blow-off top' reminiscent of the 2011 peak, which was followed by a significant decline. The current economic uncertainties, falling GDP, rising unemployment, and a weakening dollar have contributed to investors’ increased interest in gold as a safe haven. Despite its allure, Garner warns that buying gold during a widespread bullish sentiment could lead to heavy losses, suggesting that the market may be approaching a critical tipping point.
Source: YAHOO