The price of gold per ounce has surpassed $5,000. The value of gold has increased by 60% in 2025, and is set to increase further in 2026.
Tensions between the United States and NATO over Greenland have heightened concerns about the economic situation and geopolitical uncertainty.
US President Donald Trump’s trade policies are also causing concern in many markets.
Trump has threatened to impose 100% tariffs on Canada if they sign a trade deal with China.
Gold and other precious metals have become a commodity for many investors due to the volatility of the trading market.
On January 24, the price of silver per ounce exceeded $100 for the first time. The value of silver has increased by one hundred and fifty percent between last year and this year.
Factors such as high inflation, a weakening dollar, bond purchases by central banks around the world, and hopes that the US central bank will cut interest rates this year have contributed to the rise in mineral prices.
In addition to the wars in Ukraine and Gaza, the removal of former Venezuelan president Nicolas Maduro from power has also contributed to the rise in gold prices.
By Anthony Solly
