In the year 2025, gold emerges as the clear victor in the debasement trade, outperforming other assets and showing resilience amid economic fluctuations and monetary policies that favor inflation. However, this success tells only part of the story, as various factors contribute to the dynamics of the market, including geopolitical tensions, shifts in investor sentiment, and the evolving landscape of alternative investments. Therefore, while gold's triumph in this context is noteworthy, it is essential to consider the broader economic environment and the implications of these trends for investors and the global economy as a whole.
source: https://www.coindesk.com/markets/2025/12/19/gold-wins-the-debasement-trade-in-2025-but-it-is-not-the-full-story