Sales at Elon Musk’s carmaker plummet nearly 38% in 2025 as it loses ground to China’s BYD; gold continues to rise
As gold continues to climb, rising 1.6% to $5,094 an ounce this morning, just shy of yesterday’s all-time high, data shows the safe-haven asset has drawn €2bn from European investors so far this year.
European-domiciled gold exchange-traded funds have attracted more than €2bn since the start of 2026, according to Morningstar data, as the precious metal continues its rally. Gold prices rose by 64% in 2025, its best year since 1979.
Gold ETFs have attracted more than €2bn in net inflows since the beginning of the year, helping to propel prices to fresh record highs.
While strong price momentum is clearly drawing in short-term speculators, the rally also reflects a deeper sense of investor unease. Rising geopolitical tensions and escalating trade frictions have reinforced gold’s role as an “Armageddon” asset.
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