Summary
The price of gold has exceeded $5,000 an ounce for the first time, continuing a significant upward trend. This increase is linked to financial uncertainty and geopolitical tensions involving the US and NATO, as well as actions by the Federal Reserve and central banks buying more gold.
Key Facts
- Gold prices have gone over $5,000 an ounce for the first time ever.
- This increase is part of a rally where gold prices have jumped over 60% in 2025.
- Tensions between the US and NATO over Greenland contribute to global uncertainty.
- The US Federal Reserve is expected to cut interest rates again this year.
- Central banks worldwide are buying more gold.
- Gold is considered a "safe-haven" asset during uncertain times and when interest rates are low.
