The gold market is experiencing a historic surge at the start of 2025, with a new all-time high. An ounce of gold crossed the symbolic threshold of 3,400 USD on April 21, 2025. This phenomenon reflects strong investor enthusiasm for the yellow metal, which is preferred to the dollar in an uncertain global economic environment.
An all-time high exceeded
On April 16, 2025, an ounce of gold exceeded 3,300 USD for the first time. Since then, the price has steadily climbed, peaking at nearly 3,400 USD in April, a level not seen since the end of the gold standard. This spectacular increase represents an increase of more than 25% in dollar terms since the beginning of 2025, making gold one of the best investments of the year.
+700 USD in 2025
Gold, considered a hedge against uncertainty and known for being a highly liquid asset, has set record highs and gained more than 700 USD since the beginning of this year. Its strong momentum pushed it to over 100 USD in just a few days, making it more than 700 USD since January 2025.
Among other strategic metals:
- Spot silver gained 0.8% to 32.87 USD
- Platinum was down 0.6% to 961.63 USD
- Palladium slipped 3% to 933.02 USD
Reasons for this rush to gold
Political and trade tensions: The punitive tariffs imposed by the United States on China, with taxes of up to 245%, and Chinese retaliatory measures have increased uncertainty about global economic stability.
Weak US dollar: The dollar fell to its lowest level since April 2022, making gold cheaper for investors using other currencies and thus stimulating demand.
Monetary Easing Expectations: Markets anticipate a possible U-turn by the US Federal Reserve as early as June 2025. With rates potentially cut by up to 100 basis points by the end of the year, this reinforces the appeal of precious metals.
Search for Safe Haven: Faced with economic, political, and financial uncertainties, including the US-China trade war, investors are turning to gold as a safe asset to protect their capital.
Perspectives for the Rest of the Year
Analysts remain optimistic that gold prices will continue to rise. Goldman Sachs forecasts a price of up to 3,700 USD per ounce by the end of 2025, while UBS has raised its target to 3,500 USD. However, some experts warn of a potentially overbought market in the short term, suggesting a possible pause or correction before new highs.
The central role of gold in investment strategies
The year 2025 marks a major turning point for gold, which has emerged as the preferred safe haven in the face of a weakened dollar and an unstable global environment. With the price of gold now exceeding 3,400 USD per ounce, it is breaking all-time highs and is massively attracting investors keen to preserve their wealth.
This trend could continue if economic uncertainties persist, confirming the central role of gold in contemporary investment strategies.
