The surging gold price over the past two years marks a catch-up based on a bull market going back to 2000 that few recognized then, veteran investor Rick Rule says in a new video.
Bullion’s spot price gained 65% in 2025 to $4,318.18 an oz. Dec. 31 after touching a record $4,533.67 per oz. on Boxing Day, according to Sprott. It was around $4,230 an oz. on Nov. 30 when Rule spoke with Northern Miner podcast host Adrian Pocobelli at the company’s International Metals Symposium in London.
“It was fairly easy to forecast. It was a coiled spring,” Rule said of the quarter-century rise in a keynote chat. “People were frustrated looking at the gold price not moving, when the whole circumstance that existed in the world was a circumstance that would cause gold to move. Gold has done its job for 25 years.”
The CEO of Rule Investment Media, who spends most of his time in Boca Raton, Fla., touched on a range of issues facing mining including commodities, stocks, critical minerals, investing and young people. Watch the full conversation below.
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