Investors are now turning back to gold as their key safe-haven asset, JPMorgan said in a report released Thursday. The bank noted that significant capital is moving out of Bitcoin into exchange-traded funds (ETFs) and precious metals derivatives.
Gold prices advanced 0.7% on Wednesday, extending gains after reaching an all-time high of $3,148.94 in the previous session.
Reuters reports COMEX gold inventories have surged to a record 43.3 million troy ounces ($135 billion at current prices) as markets brace for potential import tariffs that could restrict bullion flows to the US. In November 2024 warehouse stocks stood at just 17.1 million ounces.
Analysts at Heraeus report sustained strong growth in gold ETF investments, driven by rising gold prices as markets react to potential US trade tariffs. Gold ETFs have seen substantial inflows recently, with March 21 alone recording a 23-ton increase, the largest single-day addition since 2022.
Gold prices have surpassed $3,100 per ounce, setting a new high. The first quarter of 2025 was the best-performing for the yellow metal in nearly four decades.
Gold prices have reached a new high as demand for safe haven assets is increasing ahead of US President Donald Trump's imposition of new import tariffs. The precious metal has risen above $3,140 per ounce for the first time.
Bank of America (BofA) has adjusted its forecasts for the average price of gold for 2025 and 2026. Analysts of the financial organization focus on the fact that the uncertainty caused by the US tariff measures will continue to positively influence the prices of the yellow metal in the near future.
Gold prices continued to surge this week amid concerns about US President Donald Trump's import tariffs, inflation in the United States, and geopolitical risks. Due to these factors, 85% of analysts surveyed by Kitco News expect further gold gains.
Gold prices hit $3,100 per ounce for the first time ever on Monday, reaching an all−time high of $3,115.87 in early trading. The rally was fueled by growing investor concerns over US President Donald Trump's trade policies.
Gold surged to an all-time high of $3,104 per ounce on Monday. Investment bank RBC Capital now projects the safe-haven asset will climb further to $3,195 per ounce in 2026. According to analysts, gold prices remain heavily influenced by US trade policy.
A decrease of the indicator value may contribute to the fall in quotes of Gold.
Gold is not just glitter and beauty, but also a key asset in the financial sector.
Gold appears to be something more than just a metal. It is an indicator of economic stability and a tool for managing finances.
Staying up-to-date with the latest gold news is a key to successful management of your funds.
