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The gold rally

The gold rally

The metal has climbed way past the rate of inflation. Why?

Unhedged · Financial Times & Pushkin Industries

August 27, 202421m 38s

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Show Notes

The price of gold reached a record high this week, passing $2,500 an ounce. Market watchers often ascribe a rise like this to inflation, fears about political instability or the endless insanity of the wild-eyed goldbug. But which is it? Today on the show, Katie Martin and Rob Armstrong unpack gold’s rise. Also we go long and short Nvidia. 


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You can email Robert Armstrong at [email protected] and Katie Martin at [email protected]


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Read a transcript of this episode on FT.com


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