Spanish
The price of gold reached a new historical high this Sunday, surpassing the $5,000 per ounce barrier for the first time, driven by a climate of growing global uncertainty and the volatility generated by the economic and geopolitical policies of US President Donald Trump.
According to market data, the price of the precious metal reached $5,026 per ounce, solidifying its position as one of the main safe-haven assets for investors in times of instability. The rise in gold was accompanied by a significant increase in silver, which also marked a milestone by reaching $100 per ounce for the first time in its history.
Analysts attribute this behavior to the combination of geopolitical tensions, fears about global economic growth, movements in financial markets, and increased demand for assets considered safe against the volatility of the dollar and international stock markets.
You can also read:
The strong advance of gold contrasts with its price just a year ago. In January 2024, the yellow metal was slightly above $2,000 per ounce, which shows an increase of more than 150% in a relatively short period.
Industry specialists do not rule out further price fluctuations, although they agree that gold will continue to play a key role as a financial safe haven as long as uncertainty persists on the international stage.
