What in the World Why is the gold price so high right now?!
Feb 19, 2026
William Lee Adams, journalist and former Marketplace Morning Report host, explains why gold is rallying now. He breaks down spot price vs bullion and the different ways people buy gold. He explores drivers of the surge like geopolitics, central bank buying and inflation. The show also looks at India and China’s cultural and investment demand for gold.
AI Snips
Chapters
Transcript
Episode notes
Three Ways To Buy Gold
- Gold comes in physical, financial (ETFs), and indirect (mining stocks) forms, each with different costs and roles.
- Bullion costs more than spot because refining, manufacturing, shipping and insurance add a premium.
Spot Price Versus Bullion
- Spot gold is a market reference price while bullion includes the spot price plus production and handling costs.
- Expect coins and bars to trade above spot because of manufacturing, storage and insurance fees.
Why Gold Acts As A Safe Haven
- Gold has surged because investors view it as a safe haven amid rising global uncertainty and record price moves.
- Its finite supply and perceived intrinsic value make it attractive when confidence in currencies wavers.