Gold's Historic Surge in 2025 Validates Peter Schiff's Bullish Stance
In 2025, gold experienced one of its strongest runs in over a decade, with returns exceeding 50%. This remarkable rally was driven by growing concerns over global debt levels, increased borrowing, and a weakening U.S. dollar, a phenomenon often described as the 'debasement trade.'
By October 2025, gold had reached record highs, peaking near $4,400 per ounce before stabilizing around $4,000 per ounce. Notably, gold delivered approximately eight times the return of bitcoin during the year, highlighting its dominance among safe-haven assets.
Peter Schiff, a well-known gold advocate and bitcoin critic, was widely seen as vindicated by the market's performance. Throughout the broader 2025 market narrative, there was a balance between traditional safe havens and digital assets; however, Schiff continued to promote gold as the ultimate store of value.
This coverage is part of CoinDesk's Most Influential 2025 list, published on December 16, 2025.