The post Analysts warn about signs of peaking in gold’s monster rally appeared on BitcoinEthereumNews.com. Gold broke through $4,100 per ounce this week, a record high that has shocked traders across markets. The rally has now pushed its year-to-date gain above 50%, while the S&P 500 has climbed just 14.5% in the same stretch. Since the rally began in October 2022, the metal has advanced by about 150%. That figure is lower than the 293% average increase seen in past bull runs since the 1970s, according to Bank of America, but this one has moved much faster. Bull markets in gold usually last around 43 months, and this run has reached its peak in only 36 months. The drivers are clear: looser policy at the Federal Reserve, the drop in the U.S. dollar, and demand tied to what traders call the “debasement trade.” But some think the rally could be overheating. Michael Hartnett, a strategist at Bank of America, said in his Flow Show note that the buzz has spilled far beyond trading desks. He shared: “My brother-in-law recently told me he was having lunch with X and asked whether to buy physical gold or silver or if it was already too late, since his wine investments have been tanking.” Hartnett also pointed out that gold has logged nine straight weeks of inflows, bringing in $2.1 billion this week. Still, that was the smallest inflow in three weeks. Analysts warn about signs of peaking in gold’s monster rally Michael Hsieh, strategist at Deutsche Bank, analyzed that technical indicators suggest the rally is about to hit a peak. In his words: “We do not see this as a sign of an impending correction. At most, it may point to a period of more neutral behaviour like that between June and August. Fair value has risen along with gold in the past two months.” That means the… The post Analysts warn about signs of peaking in gold’s monster rally appeared on BitcoinEthereumNews.com. Gold broke through $4,100 per ounce this week, a record high that has shocked traders across markets. The rally has now pushed its year-to-date gain above 50%, while the S&P 500 has climbed just 14.5% in the same stretch. Since the rally began in October 2022, the metal has advanced by about 150%. That figure is lower than the 293% average increase seen in past bull runs since the 1970s, according to Bank of America, but this one has moved much faster. Bull markets in gold usually last around 43 months, and this run has reached its peak in only 36 months. The drivers are clear: looser policy at the Federal Reserve, the drop in the U.S. dollar, and demand tied to what traders call the “debasement trade.” But some think the rally could be overheating. Michael Hartnett, a strategist at Bank of America, said in his Flow Show note that the buzz has spilled far beyond trading desks. He shared: “My brother-in-law recently told me he was having lunch with X and asked whether to buy physical gold or silver or if it was already too late, since his wine investments have been tanking.” Hartnett also pointed out that gold has logged nine straight weeks of inflows, bringing in $2.1 billion this week. Still, that was the smallest inflow in three weeks. Analysts warn about signs of peaking in gold’s monster rally Michael Hsieh, strategist at Deutsche Bank, analyzed that technical indicators suggest the rally is about to hit a peak. In his words: “We do not see this as a sign of an impending correction. At most, it may point to a period of more neutral behaviour like that between June and August. Fair value has risen along with gold in the past two months.” That means the…