Metals surge: is gold's safe-haven status fading?

A confluence of geopolitical anxieties and robust industrial demand is fueling a metals rally, but a closer look at gold’s performance is raising questions about its traditional role as a safe haven. Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, offered a revealing glimpse into the dynamics at play from the firm’s trading desk during a recent interview with Finance Magnates.

Decoding the demand spike

The current surge in metals demand isn’t a uniform phenomenon. Delijergijevs highlighted a particularly strong appetite from both retail and institutional investors, a trend he attributes to a complex interplay of factors.