Gold Touches $3,000 as Global Uncertainties Drive Investor Flight to Safety

Gold prices have broken the $3,000 per ounce barrier for the first time, reaching $3,004.86 on Friday – marking the thirteenth record high of 2025. The 14% price increase this year follows a 27% surge in 2024. Analysts attribute this rally to geopolitical tensions, inflation concerns from new tariffs, central bank buying, and investors seeking safe-haven assets amid market volatility and trade tensions with China and Canada following President Trump’s protectionist policies.






![Worried about a Recession or Stock Market Crash? Here’s How Precious Metals Perform [CHARTS]](/assets/media/worried-about-a-recession-or-stock-market-crash-heres-how-go-2f0d64629bdb.jpg)
