Gold Surges Past $5K as Global Uncertainty Fuels Record Rally
Gold prices have surged past the $5,000 per ounce mark, hitting fresh record highs as investors seek safe-haven assets amid mounting global uncertainty.
Spot gold was trading around $5,095 an ounce on Monday, after briefly topping $5,100 earlier in the session. The precious metal has gained more than 12% over the past month and over 80% year-on-year, driven by geopolitical tensions, volatility in Japan’s bond market and growing concerns over the global economic outlook.
Analysts say uncertainty surrounding U.S. trade policy, including renewed tariff threats, alongside weakening confidence in traditional assets such as government bonds, has pushed investors toward gold and silver.
Market strategists note that gold’s appeal has also been supported by a softer U.S. dollar, making the metal more attractive to international buyers. Several analysts have said prices could climb further, with some forecasting gold could reach $6,000 an ounce before the end of 2026 if geopolitical and financial risks persist.
Gold is traditionally viewed as a store of value during periods of instability, and its latest rally underscores its growing role as a defensive asset in an increasingly uncertain global environment.
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