India, April 10 -- Gold's dramatic journey over the past year challenged conventional wisdom, as it delivered both record-breaking highs and sharp corrections. A report by Axis mutual fund, "When Gold Broke the Playbook: Detour in a Long Journey," captures this cycle. The rally through 2025 and early 2026 was nothing short of historic. Prices surged to nearly $5,600 per ounce. As the report notes, "Precious metals have been on a rollercoaster," with gold benefiting from "safe-haven buying, de-dollarization, easy liquidity, and geopolitical risks." A weak dollar, abundant global liquidity, and strong central bank demand created a perfect environment for gold's ascent. Central banks alone added nearly 1,000 tonnes over three years. The repo...
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