Overview
- Gold prices have reached all-time highs, with global spot prices exceeding $3,300 per ounce and Indian markets hitting ₹98,100 per 10 grams.
- Escalating US-China trade tensions, including President Trump's critical minerals tariff investigation, have fueled safe-haven demand for gold.
- The US dollar has weakened significantly, making gold more attractive to international investors and contributing to the price surge.
- Gold-backed ETFs have seen record inflows of $80 billion in 2025, reflecting heightened investor interest in the metal as a secure asset.
- Analysts predict continued gains for gold, citing ongoing geopolitical uncertainty, potential US Federal Reserve rate cuts, and central bank purchases.