Gold has surpassed the $5,000 per ounce mark on the exchange for the first time, continuing its historic rise. According to the BBC, since the beginning of 2025, the price of this precious metal has increased by more than 60%.
The reason for this rise is the escalating tensions between the U.S. and NATO, particularly concerning Greenland, which has heightened concerns about financial and geopolitical instability.
Additionally, President Donald Trump's trade policy is causing growing concern in the markets. Last Saturday, he threatened to impose 100% tariffs on Canada if it entered into a trade agreement with China.
Precious metals like gold are traditionally considered safe assets for investors in times of uncertainty. On Friday, the price of silver reached $100 per ounce, which also represents a significant increase of nearly 150% compared to last year.
There are many factors contributing to the demand for precious metals: high inflation, a weak dollar, purchases by central banks around the world, and the expected reduction in interest rates by the U.S. Federal Reserve this year.
The conflicts in Ukraine and Gaza, as well as Washington's actions to overthrow Venezuelan President Nicolas Maduro, have also contributed to the rise in gold prices.
According to estimates from the U.S. Geological Survey, there are still 64,000 tons of gold in the earth's crust. It is expected that the supply of this precious metal will stabilize in the coming years.
"Gold is not tied to debt obligations, unlike bonds or stocks, which depend on the performance of individual companies," noted Nicholas Frappell from ABC Refinery.
"In times of high uncertainty, it is a reliable tool for diversification," he added.
The year 2025 has been record-breaking for gold: it has shown the largest annual growth since 1979, as investors actively sought safe assets in the form of precious metals.
Amid concerns about the possible imposition of tariffs by Trump and the reevaluation of stocks in the artificial intelligence sector, financial markets have experienced stress, leading to frequent records for gold.
"All of this is largely related to extreme uncertainty in U.S. policy," concluded Nikos Kavlis from the consulting firm Metals Focus.
