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The Gold Market Is on Track for Its Best Year Since Jimmy Carter Was President

Summary by KIFI
By John Towfighi, CNN. Gold is having its best year since 1979. Gold futures traded in New York have surged nearly 71% this year, on track for their best annual gain in 46 years. The last time gold had such a strong year, Jimmy Carter was president, a crisis was unfolding in the Middle East, inflation was soaring, and the United States was in the midst of an energy crisis. Today, tariffs are distorting international trade, conflict is escalating…

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By John Towfighi, CNN. Gold is having its best year since 1979. Gold futures traded in New York have surged nearly 71% this year, on track for their best annual gain in 46 years. The last time gold had such a strong year, Jimmy Carter was president, a crisis was unfolding in the Middle East, inflation was soaring, and the United States was in the midst of an energy crisis. Today, tariffs are distorting international trade, conflict is escalating…

·Idaho Falls, United States
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KIFI broke the news in Idaho Falls, United States on Friday, December 26, 2025.
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