Gold is on a historic run! Prices skyrocketed to an all-time high on Thursday, inching closer to the $3,000 per ounce mark as economic uncertainty and expectations of Federal Reserve rate cuts drive investor demand.
🔹 Spot gold climbed 1.6%, reaching $2,979.76 per ounce, while U.S. gold futures closed at $2,991.30.
🔹 The precious metal has already surged 14% in 2025, following an impressive 27% rally in 2024—fueled by central bank buying, investor demand, and global trade concerns.
📊 What’s Next for Gold?
Experts predict gold will trade between $3,000 and $3,200 this year as geopolitical tensions and shifting U.S. economic policies continue to boost safe-haven investments. Strong ETF inflows and China’s ongoing gold purchases further support the rally, while silver and platinum are also seeing upward momentum.
