Gold Investing
Joe Cavatoni: Gold Shining, Risk Assets Under Pressure — What's Next?
By Charlotte McLeodMar 27, 2025 08:55PM
Charlotte McLeod
With an eye for detail and over a decade of experience covering the mining and metals sector, Charlotte is passionate about bringing investors accurate and insightful information that can help them make informed decisions.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
She leads the Investing News Network's video and event coverage, and guides a team of writers reporting on niche investment markets.
"This elusive US$3,000 price point has always been a challenge ... but we've come and crossed it at this stage, all for very good fundamental reasons," said Joe Cavatoni of the World Gold Council.
Gold has seen rapid price gains in 2025 — is its move past US$3,000 per ounce sustainable?
Joe Cavatoni, senior market strategist, Americas, at the World Gold Council, said although the metal's ascent has been quick, it's underpinned by strong fundamentals.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.