Gold just broke fresh records again—this time on the back of trade tensions heating up between the US and Europe over geopolitical disputes. What's striking is the metal's performance in 2025: it's already up 64% for the year. Pretty wild, right? But here's the real question keeping traders up at night: with such a massive rally already in the books, how much more runway does gold actually have? Is this momentum sustainable, or are we looking at a situation where the gains eventually hit a wall? The data tells an interesting story about what's driving these moves, and it's worth thinking through whether this kind of upside can keep rolling.