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The spot price for a troy ounce of gold is up nearly 60% from a year ago, and some experts expect it to climb higher next year. If you want exposure to gold, there are exchange-traded funds that provide differing ways to get it, but those differences also may come with unexpected tax treatment.

U.S. stocks traded higher midway through trading, with the Dow Jones gaining around 250 points on Tuesday.

Daan Struyven, co-head of global commodities research at Goldman Sachs, discusses the outlook for gold prices in 2026. "You have significant upside in a base case," Struyven tells Bloomberg Television.

David Roche of Quantum Strategy told CNBC's Squawk Box Asia that bubbles in AI and credit markets are beginning to crack, posing serious economic risks. While he noted the fallout is unlikely to reach the scale of 1929 thanks to expected fiscal and monetary responses, Roche advised investors to play it safe by focusing on gold and defense stocks.

Sotheby's will be auctioning off "America," a solid gold toilet made by the Italian artist Maurizio Cattelan, who also created the infamous duct-taped banana that sold at Sotheby's for $6.2 million.

The problem with socialism is that you eventually run out of other people's money.