New York (AP) – As economic uncertainty deepens around the world, Gold price More and more records were recorded.
That’s because when uneasy investors seek “safe shelter” to park their money, gold sales could rise sharply. gold Current meeting Arrived as President of the United States Donald Trump Continuing to announce new tariffs on economic allies and enemies, shaking and threatening financial markets Rekind inflation Both family and business.
On Tuesday, the International Monetary Fund said that economic outlooks around the world, including the US, have one. It’s gotten significantly worse In the wake of Trump’s drastic tariffs and the uncertainty they created. And Trump’s recent threat I suggest he can delete it Federal Reserve Chairman Jerome Powell only puts investors in a greater advantage.
If the trend continues, analysts say gold prices may continue to rise to unprecedented territory.
Here’s what you need to know.
What is the price of gold today?
Continued prices for Spot Gold in New York reached $3,424.24 per troy ounce (the standard for measuring precious metals) as of Monday. That’s about $1,097 more than a year ago.
Spot Gold prices have risen more than 30% since its launch in 2025, according to data company FactSet. In contrast, the stock market has fallen. The benchmark S&P 500 has dropped by more than 12% this year.
Gold futures also hit a record early Tuesday, surpassing the $3,500 mark for the first time before approaching $3,444 in the morning.
Why does gold prices go up?
Much of this is summarised in uncertainty. Interest in purchasing gold It usually spikes when investors feel uneasy. And there has been a lot of economic disruption over the last few months.
The heaviest uncertainty lies in the escalation of Trump Trade wars. The president’s new tax announcements and retaliatory tariffs addressed from some of the country’s closest traditional allies have created a sense of whiplash for both businesses and consumers.
Consumer trust And as a result, the global economic outlook is deteriorating. On Tuesday, the IMF was the global economy This year, we’ve grown only 2.8%.from the 3.3% forecast for January. Especially in the US, the fund expects growth this year to be just 1.8% this year, a significant drop from its previous 2.7% forecast. China, currently facing the heaviest collection from the US, is expected to have weakened growth.
Last week, Trump also renewed his threat It suggests he can get rid of Powell – And since then he has strengthened his public criticism of the Fed Chairman. Don’t cut interest rates. Attempts to rule out Powell could spark a crisis in global financial markets over fears that the more independent Fed could struggle to control inflation and make investors even more concerned.
Last year, analysts also pointed out strong demand for money. From the central bank Other ongoing world Geopolitical tensionincluding the wars in Gaza and Ukraine.
Is gold worth an investment?
Advocates of investing in gold call it a “safe shelter.” It claims that products help diversify and balance your investment portfolio, mitigate potential risks. Others also find it more comfortable to buy specifics that can increase value over time.
Still, experts should note that all the eggs are put in one basket. And not everyone agrees that gold is a good investment. Critics say gold is not the inflation hedge that many have always said — and say there are more efficient ways to protect against potential losses in capital, such as derivative-based investments.
The Commodity Futures Trade Commission has previously warned people to be vigilant about investing in gold. precious metals Very volatilethe committee means that prices rise as demand rises, and “when economic anxiety or instability is high, the sellers are usually those who benefit from precious metals.”
And even Gold’s current gatherings have seen some volatility. Spot Gold Price It’s fallen For example, a few days after the announcement of the “liberation day” that Trump will clean on April 2nd.
If you choose to invest in gold, the committee adds, educate yourself about safe trading practices and beware of potential fraud and counterfeiting in the market.
