Gold Prices Hit Historic High of $3,167.84 Amid Global Market Turmoil

Driven by US tariff policies and economic instability, gold's value has surged 20% this year as investors and central banks seek a safe-haven asset.

Gold reached a record price of $3,167.84 per ounce on April 3, 2025, marking a historic high on the London market.
US President Donald Trump's aggressive tariff policies on imports from the EU and China have fueled global market disruptions, increasing demand for gold.
The price of gold has risen 20% in 2025 alone, continuing a broader trend of a 50% increase over the past three years.
Central banks and institutional investors, particularly in emerging markets like China, are driving sustained demand for gold as they diversify away from the US dollar.
Gold remains one of the few commodities unaffected by US tariffs, bolstering its appeal as a stable investment during economic uncertainty.