US EditionGold Is Set for Its Best Year Since Jimmy Carter Was President
Central banks led by China have bought over 1,000 tons annually, driving gold prices up 70% in 2025, the best yearly gain since 1979, analysts say.
- On Monday, gold climbed above a record high $4,500 a troy ounce, rising more than 70% this year for its best run since 1979.
- Amid rising demand, central banks are increasing gold holdings to reduce reliance on US Treasury bonds, supported by geopolitical tensions after Russia's 2022 invasion.
- Wall Street is moving forecasts toward $4,900 and beyond, with JPMorgan Chase analysts expecting prices above $5,000 as market strategists note momentum after an October pullback.
- Higher prices are benefiting holders of physical gold while central banks' reserve accumulation is tightening bullion supply this year.
- Amid broader risk, other precious metals have also surged, with silver up about 150% and platinum nearly 150%, as Federal Reserve rate-cut expectations and a weaker US dollar support demand.
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ledauphine.com
republicain-lorrain.frThe yellow metal, the ultimate refuge value, has climbed to $4,519.88 per 31.1 grams, its price having jumped by more than 70% since the beginning of 2025.
The price of the ounce has reached a record high, crossing the 4,500 dollar mark. The geopolitical context contributes to this trend. - The price of gold reaches more than $4,500 per ounce, a first (Economy).
Gold climbs to $4500 per ounce – metals at record level
Expert: Historic gains for gold as expectations grow for prices to reach EGP 7,000 per gram soon
John Luca, an economic expert, said that gold prices have set a new record by surpassing the $4,500-per-ounce level for the first time during Asian trading, driven by rising investor bets on continued U.S. interest rate cuts next year, alongside escalating global geopolitical tensions.
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