Overview

• Gold reached an all-time high of nearly $3,148 per ounce in early trading on Tuesday, continuing its sharp rise in 2025.
• Prices have increased by 20% this year alone, following a 50% surge over the past three years.
• Aggressive U.S. tariff policies under President Trump, including threats to leave no country exempt, are fueling global economic instability.
• Geopolitical risks, including a lack of progress in Ukraine ceasefire negotiations and intensified violence in the Gaza Strip, are driving investor demand for safe-haven assets.
• Central banks, particularly in emerging markets, are bolstering gold reserves to reduce reliance on the U.S. dollar amid fears of financial sanctions.