23 Oct 2025 | 5 Mins Read

Gold and stocks boom together in liquidity surplus

Flipitmoney

Ruchir Sharma blames excess liquidity from trillions of dollars in pandemic stimulus for the record rise in both gold and stocks. Investors, emboldened by state safety nets, are increasing their exposure to risk assets, driving momentum trades. Gold ETF demand has surged ninefold this year, but prices have corrected after reaching historically overbought levels.