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Today's Brief/Thursday, 23 July 2026/๐Ÿ“ˆ Stocks & Economy
๐Ÿ“ˆ Stocks & Economy๐Ÿ‡ฎ๐Ÿ‡ณ India

Gold Is Just Getting Started, Says Billionaire Who Called the 2008 Crash

CNBCยทThursday, 23 July 2026
Gold Is Just Getting Started, Says Billionaire Who Called the 2008 Crash

John Paulson, the investor famous for betting against the US housing market in 2008, says gold is in the early stages of a long-term bull market. He says demand is being driven by central banks adding to reserves alongside rising private-sector interest. Paulson believes the trend has room to run much further.

Why It Matters

India is one of the world's largest consumers of gold, and Indian households hold enormous amounts of it. A sustained global bull market in gold directly affects the value of those savings and the cost of buying jewellery.

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