Market Update 09/2025 | Resilience in Equities Despite Summer Volatility
In September, equities proved resilient, navigating seasonal volatility with steady performance across major markets. Investor sentiment remained constructive, supported by corporate earnings and selective sector strength, despite geopolitical uncertainties and policy risks.
The topic of the month turns to gold, framed through the ancient myth of Jason and the Golden Fleece. Just as Jason faced impossible challenges in his quest, today’s investors face their own trials: inflation, digital risks, fragile supply chains, and global instability. In this environment, gold re-emerges as a symbol of enduring value — a modern “Golden Fleece” for portfolios.
Physical bullion and gold funds are increasingly seen not only as a hedge against inflation, but as protection against systemic errors and the illusion of infinite availability in financial markets. While gold is not without its limitations, its scarcity, universality, and resilience make it a strategic reserve in turbulent times.
