Gold price soars amid record stock markets—are we heading for a bubble? 

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October 2025 is shaping up to be one of the most dramatic months in recent market history. Gold has smashed through record highs near $3,900 an ounce, yet U.S. stocks remain surprisingly resilient.  

Rebecca Teltscher, portfolio manager at New Haven Asset Management, tells MINING.com host Devan Murugan that investors are facing a confusing, almost contradictory market landscape. 

“Take Canada’s TSX versus the US — two markets telling completely different stories,” Teltscher noted.  

The TSX is driven by gold prices, which are at historic highs, with the gold sector up a staggering 109% year-to-date, in response to factors like increasing central bank demand, investor flight to…

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