"Gold is back in the headlines after smashing through the $5,000 barrier, just a week after another rise came on the back of Donald Trump threatening tariffs over the pursuit of Greenland. The ongoing geopolitical uncertainty - not just around the US but in Japan's bond market and wider EU uncertainty too - has many investors heading for gold and silver, rather than currencies and stock markets."
"At the time of writing, gold is priced at $5,095 an ounce, having earlier in the day tipped just above the $5,100 mark. That's a rise of over 12 per cent in the past month and more than 83 per cent in the past year. Since the start of 2024, gold has continually pushed higher in price at a faster rate, setting continual new record highs along the way."
The Independent funds on-the-ground reporting across reproductive rights, climate change and Big Tech through reader donations and maintains paywall-free access. Donations enable journalists to report from both sides and sustain trust across the political spectrum. Gold recently exceeded $5,000 per ounce, trading at $5,095 and briefly topping $5,100. Prices rose more than 12% in the past month and over 83% in the past year, repeatedly setting record highs since early 2024. Geopolitical uncertainty — including US tensions, threats of tariffs, Japan's bond-market stresses and wider EU instability — has pushed investors toward gold and silver as safe havens rather than currencies or stocks. The FTSE 100 rose 19% over the same year, and questions remain about how to buy or sell precious metals in this environment.
Read at www.independent.co.uk
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