Gold Could Languish for Years Under $5,000 -
February may have marked the best opportunity to sell gold in about half a century. The metal stretched to its highest-ever vs. the Bloomberg Commodity Spot Index and its greatest premium to its 60-month moving average since 1980. My takeaway is that gold's parabolic 2025 rally -- the best year since 1979 -- was prescient of the Iran war, and the 2026 high may mirror 1980's.
Full report on the Bloomberg here:
XAUUSDT
Διην.
4,722.3
-1.92%