"Gold has long been viewed as a favoured safe haven asset in times of economic uncertainty because it is a physical commodity that can be owned and stored. But analysts say its surge in recent months points to a more dramatic shift: Gold may finally be breaking out of its shell to become an asset for all occasions. The price of gold has risen more than 50 percent since the start of 2025 in a historic run for the asset."
"Much of the surge has been fuelled by United States President Donald Trump, who returned to the White House at the start of the year. Gold prices rose sharply in April when Trump launched a trade war against much of the world, and it rallied again in August as the US president attacked the independence of the Federal Reserve the US central bank. In the face of so much uncertainty, many investors turned to more reliable assets, like gold."
Gold climbed to a historic high above $4,000 per troy ounce as futures and spot prices reached fresh thresholds, marking a more than 50 percent gain since the start of 2025. Gold's appeal expanded from a traditional safe-haven to an all-occasions asset amid rising global uncertainty. Much of the surge was fuelled by United States President Donald Trump's return, his trade war escalation and attacks on Federal Reserve independence. Additional drivers included Japan's leadership election, a US government shutdown and a deepening political crisis in France after the prime minister's resignation. Market analysts pointed to the surprise win by Sanae Takaichi in Japan's leadership race as a key short-term catalyst.
Read at www.aljazeera.com
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