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John Paulson Says Gold's Bull Run Is Just Getting Started as Central Banks Keep Buying
CNBC·Sunday, 26 July 2026
Billionaire investor John Paulson says the world is in the early stages of a long-term bull market for gold. He pointed to central banks steadily adding to their gold reserves as the primary driver, alongside growing interest from the private sector. Paulson said demand for bullion continues to broaden across different types of buyers.
Why It Matters
Gold is a critical store of value globally, and a sustained bull market in bullion affects everything from jewellery prices to central bank reserve strategies, with direct implications for gold-importing and gold-loving countries.
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