📈 Gold at Historic High: $3,500 per Ounce
Gold has officially made history, surpassing the $3,500 per ounce mark for the first time. Over the past six months, the metal's price has risen by 30% — and it seems this is just the beginning.
This growth is attributed to several factors:
✅Weakening of the US dollar;
✅Rising geopolitical tensions and fears of a new trade war;
✅Sharp criticism from Trump towards the Federal Reserve, casting doubt on its independence.
Investopedia
In times of instability, investors are flocking to safe-haven assets. Funds have been flowing into gold ETFs for 12 consecutive weeks, and central banks are purchasing 80 tons of gold per month — 30% more than in 2024.
Goldman Sachs is confident: this isn't the peak yet. Their forecast suggests that by mid-next year, gold could reach $4,000, especially if doubts about the stability of fiat currencies intensify.
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