A Historic Shift in the Gold Market

Gold is once again centre stage.
In a year dominated by stories of Artificial Intelligence, trade wars, and volatile markets, precious metals have quietly outperformed every major equity sector — reigniting investor attention and reshaping the conversation around global reserves and monetary power.

In The Raging Golden Bull, Dr Kingsley Jones (Founder & CIO of Jevons Global) explores how we’ve entered a new phase in gold’s history — one fuelled not just by inflation or speculation, but by a structural shift in how nations, investors, and markets perceive value.

Following the Global Financial Crisis, central banks flipped from net sellers to consistent buyers of gold — a reversal that still defines the market today. Add to that rising geopolitical tension, a slow supply response from miners, and a world increasingly wary of overreliance on the US dollar, and the stage is set for a powerful, multi-year cycle.

“This bull market is less about haven appeal — and more about the creation of an alternative monetary system.”
— Dr Kingsley Jones

Gold Spot / U.S. Dollar (XAUUSD)

The report dives deep into:

• The slow erosion of US dollar dominance and what “de-dollarisation” really means.
• How central banks are quietly rebuilding gold reserves to hedge against currency risk.
• Why major producers like Newmont, Barrick, and Agnico Eagle stand to benefit most from expanding margins and supply constraints.
• The broader geopolitical realignment that’s giving gold new strategic importance.