The year 2025 has been historic for the gold market. Prices surged to a record of $3,508.70 per troy ounce, driven by economic instability and shifts in monetary policy.
Introduction to the Gold Market
The gold market in 2025 showed unusual results, with prices nearly doubling since early 2023. High prices are attributed to growing investor interest as well as economic and geopolitical factors.
Price Trends: From April's Surge to September's Record
Significant price fluctuations in the first half of 2025 reflected global economic events. April was pivotal as gold surged to a record $3,500/oz, driven by increased demand for safe-haven assets.
Supply and Demand Dynamics of Gold
Gold demand in 2025 reached 1,249 tonnes, but the components of that demand changed. A drop in jewelry demand contrasted with a rise in investment demand, which increased by 78%.
In 2025, gold has become not only a protective asset but also an indicator of trust in the financial system. Given the current economic conditions, its demand and importance are likely to continue growing.
