Wells Fargo Identifies Three Catalysts for Gold’s Continued Rally Amid Market Volatility
Gold's unexpected surge in 2025 has cemented its status as the breakout asset of the year, drawing renewed institutional interest. Wells Fargo's Global Equities team highlights three macroeconomic drivers—falling interest rates, cryptocurrency volatility, and a weakening US dollar—as key accelerants for further gains.
Sameer Samana, head of Real Assets at Wells Fargo Investment Institute, notes gold's multi-year bullish trajectory remains intact despite recent consolidation. The metal's technical breakout past a 41-day resistance level signals latent upward potential.
Market turbulence stems from Federal Reserve leadership uncertainty and crypto market instability, diverting capital toward gold's perceived stability. This shift occurs as major banks including Goldman Sachs and Morgan Stanley reaffirm bullish commodity forecasts.
