Gold prices soared to a new peak of $3,010 per ounce on March 18, 2025, amid increasing geopolitical tensions and inflation fears. This event highlights the growing trend of gold as a safe haven amid market volatility and economic uncertainties.
Gold Soars Amid Geopolitical Tensions and Inflation Fears
The spot gold rate reached a record $3,010 per ounce, largely driven by global uncertainties such as the tariff policies set by former President Donald Trump. Geopolitical tensions and central bank purchases are notable contributors to this rise.
Expert Predictions on Gold's Future
Did you know? Despite reaching all-time nominal highs, gold's inflation-adjusted peak was $3,800 in 1980, during U.S. stagflation. Experts forecast potential regulatory shifts due to ongoing inflation fears, suggesting a sustained trajectory for the precious metal. Central bank acquisitions and currency fluctuations may further influence gold's market behavior.
Role of Gold in Market Instability
Market volatility has led investors to seek refuge in gold, contributing to its latest surge. The metal's enduring reputation as a safeguard against economic instability reinforces this trend. Thomas Kertsos also highlights its liquidity and stability over centuries.
Given the current economic and political conditions, gold continues to be an important asset for investors seeking to protect their savings against inflation and uncertainty.
