Investors have flocked to gold in the past year, prompting the precious metal to notch a series of price records and eclipse its inflation-adjusted peak from 1980. Friday’sFed-announcement drama notwithstanding, the price of gold is up 13% so far this year. It even smashed through $5,000 per troy ounce last week—a first. What’s fueling the record-breaking run and where could the price go from here? On this week’s episode of Merryn Talks Money, John Reade, market strategist for Asia and Europe at the World Gold Council, joins host Merryn Somerset Webb to offer some answers.

Please note this conversation was recorded on Wednesday, January 28.

Investors have flocked to gold in the past year, prompting the precious metal to notch a series of price records and eclipse its inflation-adjusted peak from 1980. Friday&rsquo;s <a href="https://links.message.bloomberg.com/a/click?_t=f574328d4d0c4c359b90d8e49b10e21d&amp;_m=eb444cf3c7404fbdb6c5670b6ec60d24&amp;_e=yEwLvdrXp8hVwN5vL5dKHp7ycDvmkl-h3hMmwH5TUi_cZh96gg18kcPf-jCNxuAVHDYI3N5B2ALC_U5k31wvFF6p8Z0GKZRWSX7Q_N21CRz7ECAOdgysgyQa6Ow6TETiH7r4iW68hOyY6CoeBgsDPzPnOVBI7SzQzwxMI3WcVUPMxBzvK_NI8aSaylVkbuFwTmCqT6XWPj9EKpbi2eI3sAT8_2Pq3XJc7d7kXb8HLG6btULB8eJjtXmR6N_lTIEzWQnq8Pzen8HWY99Slh59p8j-Awq8t3L_Q1yKJjze1Mp8u6Mz3telMgGTMp2oqWzbcx8nz62gteBMnWQt7MjROnkv09eJ66W_VNRaxysIJeA0yA3uMcVdjXX8UShUMMcdtBbJ3BxAGD1ISTBQTTA-KN7NmmroZreDdU3YIqxNRlhXtMUdRg7I7k-HtO7mFh3PNW2fXp4KmLbrQsxL1zhe4Q%3D%3D" data-sk="tooltip_parent">Fed-announcement drama notwithstanding</a>, the price of gold is up 13% so far this year. It even smashed through $5,000 per troy ounce last week&mdash;a first. What&rsquo;s fueling the record-breaking run and where could the price go from here? On this week&rsquo;s episode of Merryn Talks Money, John Reade, market strategist for Asia and Europe at the World Gold Council, joins host Merryn Somerset Webb to offer some answers. Please note this conversation was recorded on Wednesday, January 28.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money

Why the Price of Gold Reflects a Long-Term Shift

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6145b01e-49af-48ef-9a93-b3e401691981/transcript