Gold Prices Achieve Record Seven-Month Growth Streak

Gold prices have experienced an unprecedented rise over the past seven months, marking the longest growth streak on record. During this period, prices have surged by 61%, averaging nearly 9% growth per month. The Kobeissi Letter posted on X. This surpasses the previous record of six consecutive months of growth, which occurred in the early 2000s and the 1970s. In addition to the rising prices, the largest physical gold-backed exchange-traded fund (ETF), $GLD, saw significant inflows last week, attracting $3.8 billion. This marks the third-largest inflow on record, trailing only two weeks in 2025 when inflows reached approximately $4.0 billion each. These developments highlight the extraordinary nature of the current market conditions, as investors continue to flock to gold amid economic uncertainties.