Overview
- Gold reached an unprecedented $3,004.86 per ounce on March 14, 2025, marking its thirteenth all-time high this year.
- The surge is attributed to geopolitical instability, inflation fears, and increased demand from central banks and investors seeking safe-haven assets.
- Gold prices have risen 45% over the past 14 months, with analysts predicting the potential for further growth if current conditions persist.
- Central banks have been significant buyers, with nations like China resuming gold purchases to hedge against economic uncertainty and currency risks.
- Gold-backed ETFs and fractional investments are gaining popularity, offering diverse entry points for investors despite the high price per ounce.