š Gold Hits a New All-Time High (No April Foolsā Joke)!
Gold has reached its highest price ever! On April 1, 2025āand no, weāre not kiddingāthe gold spot price soared to $3,148.88 per ounce, driven by economic uncertainty. The announcement of new trade tariffs by Donald Trump fueled inflation fears, pushing investors toward safe-haven assets like gold. The metal closed the day at $3,143.05, up 0.6%.
Before this, goldās previous record was $2,135.40 per ounce on December 4, 2023. That surge was driven by global tensions, including the war in Ukraine, which increased demand for secure investments.
š¹ New all-time high: $3,148.88 (April 1, 2025)
š¹ Powered by inflation concerns & trade policies
š¹ Strong investor demand for safe-haven assets
With ongoing economic uncertainties, will gold keep shining? #goldpricesoar