Summary
Gold prices have increased to over $5,100 an ounce, reaching a new high as investors look for safe investments because of global conflicts and trade issues. The price jump is supported by central bank purchases, U.S. policy changes, and increased investment in gold-based funds. These economic changes are happening amid trade tensions led by President Trump.
Key Facts
- Gold prices have reached a record high of over $5,100 an ounce.
- Spot gold price rose by 2.2% to $5,089.78 by early Monday GMT.
- The highest price recorded was $5,110.50 per ounce.
- U.S. gold futures for February delivery also increased to $5,086.30.
- Gold prices rose 64% in 2025, the largest increase since 1979.
- The increase is due to heightened demand for safe investments and major central bank purchases.
- President Trump’s trade policies have led to significant economic disruptions.
- A weaker U.S. dollar makes gold cheaper for international buyers.
