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Martin Wiggen: BRICS Coming Closer Helping Gold

Bloomberg•Monday, September 29, 2025 at 8:21:23 AM
PositiveFinancial Markets
Martin Wiggen: BRICS Coming Closer Helping Gold
Gold prices have soared to a record high of over $3,800 an ounce, driven by a weaker dollar and investor concerns about a potential US government shutdown. This surge in precious metals highlights the growing interest in gold as a safe haven during economic uncertainty. Nadia Martin Wiggen from Svelland Capital discussed these trends on Bloomberg, emphasizing the impact of global market dynamics on gold's value. As oil prices decline amid expectations of increased OPEC+ production, the gold market's resilience is noteworthy and could signal a shift in investment strategies.
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