Many of our Botswana-based clients have highlighted the recent surge in Gold prices
The Gold price has doubled since early 2024 and is now above US$4,100/oz. We’ve heard forecasts pointing to US$4,900/oz by 2026. This surge is driven by:
- ETF inflows of over US64 Billion in the first 9 months of 2025
- Countries like China & Russia replacing US dollar reserves with gold.
- Gold reclaiming its role as a safe-haven asset as a result of inflation fears.
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