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Gold prices surge to record high as economic uncertainty grows

Summary by CP24
Since the start of 2025, the price of gold has climbed 12 per cent. Compared to a year ago, it’s up more than 45 per cent.

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CP24CP24

Gold prices surge to record high as economic uncertainty grows

Since the start of 2025, the price of gold has climbed 12 per cent. Compared to a year ago, it’s up more than 45 per cent.

·Toronto, Canada
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Price of BusinessPrice of Business

Uncertainty’s Role in Fueling Gold Prices: Lear Capital Explains the Connection

A number of factors can cause the stock market to become volatile, ranging from war to economic conditions like inflation, according to Kevin DeMeritt, founder and chairman of the Los Angeles-based precious metals firm Lear Capital. The economy doesn’t necessarily have to be trending downward to cause market upsets; general uncertainty about what direction it may take in the future can also have an impact. Lower retail sales, gross domestic produ

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Price of Business broke the news in on Friday, February 21, 2025.
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