Gold has shot up to a record high of $3,500 an ounce, driven by rising market volatility and trade tensions that have provoked a flight to safer assets. The precious metal has risen a stunning 33% in 2025, emerging as a favorite investment under turbulent economic times.
The gold price rise comes after recent remarks by former President Donald Trump, who was critical of Federal Reserve policies. His remarks have reignited fears about the stability of financial markets, prompting investors to seek refuge in gold, which has traditionally been viewed as a hedge against economic and geopolitical uncertainty.
As global markets remain turbulent, with trade uncertainties and inflationary fears, gold’s status as a safe-haven asset has become even more solid. Experts say the tensions may continue to drive gold’s price higher in the next few months.
This sudden spike in bullion prices reflects the increasing change in investor attitudes and points to the wider concerns over market stability as 2025 progresses.