Image Source: Unsplash

In a wide-ranging interview on the Money Metals podcast, host Mike Maharrey spoke with Philip Newman, Managing Director and founding partner of Metals Focus, one of the most trusted independent research firms in the global precious metals space. 

After hitting a record high above $3,500 per ounce in April 2025, gold has cooled but not collapsed. The market has entered a phase of sideways movement, which Newman sees as constructive, not concerning.

Rather than correcting sharply, gold has demonstrated a capacity to hold its ground, despite occasional profit-taking and investor rotation. Newman views this as a sign of durability.

Video Length: 00:40:41

More By This Author:

Swiss Central Bank Cuts Rates To Zero, Could Go Negative
Fed Holds Rates Steady As Stagflation Worries Mount
Indian Gold Demand Remains Strong Despite Price Pressures