The remarkable price surge gold has experienced in recent years appears to be continuing unabated in 2025, the latest record coming this week when the price of the precious metal surged past $3,400 per ounce.

During times of economic turmoil, investors tend to park their money in so-called safe havens, including precious metals like gold.

On an inflation-adjusted basis, gold notched a new record price, surpassing the longstanding record set in 1980.