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.

Gold prices rose to another record high on Wednesday as stocks tumbled after AI chip giant Nvidia warned it would take a big hit from escalating tensions between the U.S. and China.