Unhedged

The gold rally

The price of gold reached a record high this week, passing $2,500 an ounce. Market watchers often ascribe a rise like this to inflation, fears about political instability or the endless insanity of the wild-eyed goldbug. But which is it? Today on the show, Katie Martin and Rob Armstrong unpack gold’s rise. Also we go long and short Nvidia.  For a free 30-day trial to the Unhedged newsletter go to: <a href="https://www.ft.com/unhedgedoffer" rel="noopener noreferrer" target="_blank">https://www.ft.com/unhedgedoffer</a> You can email Robert Armstrong at <a href="mailto:rob.armstrong@ft.com" rel="noopener noreferrer" target="_blank">robert.armstrong@ft.com</a> and Katie Martin at <a href="mailto:katie.martin@ft.com" rel="noopener noreferrer" target="_blank">katie.martin@ft.com</a>.  Register now for the FT Weekend Festival, and claim £24 off your pass using promo code FTPodcast at: <a href="http://ft.com/festival" rel="noopener noreferrer" target="_blank">ft.com/festival</a> <a href="https://www.ft.com/content/ea844ebd-1238-4463-ad8a-4b87e7cb0d60" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

Katie Martin, Robert Armstrong and other markets nerds at the Financial Times explain the big ideas behind what’s happening in finance right now. Every Tuesday and Thursday. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.