- Gold prices surged to an all-time high of over $3,100 per ounce, marking its strongest quarterly performance since 1986, driven by geopolitical tensions, inflation fears and central bank demand.
- U.S. tariffs and unpredictable trade policies have spooked investors, increasing safe-haven demand for gold as a hedge against economic instability.
- Aggressive gold purchases by central banks (diversifying from the dollar) and strong inflows into gold ETFs (like SPDR Gold Shares) have supported the rally. Analysts predict prices could reach $3,300 by late 2025.
- Major banks, including Goldman Sachs and Bank of America, have lifted price targets, with some predicting gold could hit $4,500 under extreme conditions due to sustained demand.
- While silver and other metals underperform, gold’s rally is uniquely tied to macroeconomic risks. Despite overbought signals, analysts expect the uptrend to continue amid unresolved geopolitical and trade tensions.
(Natural News)—Gold prices surged to unprecedented levels this week, surpassing $3,100 per ounce and marking one of the most remarkable quarterly performances in nearly four decades.
The precious metal’s relentless rally has been fueled by escalating geopolitical tensions, U.S. tariffs and robust demand from central banks and investors seeking a safe haven amid market turbulence. On Monday, March 31, spot gold hit an all-time high of $3,128.06 per ounce before settling at $3,116.94, while U.S. gold futures climbed to $3,150.30.
And that was BEFORE the tariffs were announced Wednesday.
The metal has gained approximately 18 percent this year, following a 27 percent surge in 2024, positioning it for its strongest quarterly performance since 1986. Analysts attribute the rally to a confluence of factors, including fears of inflation triggered by U.S. tariffs, persistent geopolitical instability and aggressive central bank purchases.
“The ongoing uncertainty regarding tariffs has affected equity markets and brought another round of safe-haven buying into the gold market,” said David Meger, director of metals trading at High Ridge Futures.
“There are certain technical areas of resistance along the way that could cause a little profit-taking or pullback. But the ongoing bullish trend remains in place. The fundamental underpinnings remain in place.”
Market anxiety intensified as U.S. President Donald Trump announced reciprocal tariffs that would take effect on April 2, with automobile tariffs set to take effect the following day. Trump also threatened secondary tariffs of between 25 percent and 50 percent on buyers of Russian oil if he perceives Moscow as obstructing peace efforts in Ukraine.
These unpredictable policy moves have rattled investors, driving capital into gold as a hedge against economic uncertainty and potential inflationary pressures.
Central banks, ETFs fuel demand for the yellow metal
Central banks worldwide have been significant buyers of gold, diversifying reserves away from the U.S. dollar amid shifting monetary policies. The Federal Reserve’s anticipated interest rate cuts later this year have further bolstered gold’s appeal, as lower rates reduce the opportunity cost of holding non-yielding assets. (Related: Martin Armstrong joins with Mike Adams to discuss gold prices surge as central bank shortages spark panic.)
“Whilst buying gold may reduce central banks’ overall exposure to the dollar, we don’t think that the surge in central bank gold demand reflects a severe loss of confidence in the greenback,” analysts at Capital Economics said.
“Instead, the perception of gold itself as a safe haven is probably the key driver of central bank demand. In any case, we think official sector purchases will support gold prices to an above-consensus $3,300 per ounce by end-2025.”
Meanwhile, gold-backed exchange-traded funds (ETFs) have seen their largest weekly inflows since March 2022, with the SPDR Gold Shares ETF alone attracting $3.4 billion in February.
Wall Street raises price targets, while silver and other metals lag behind
Major financial institutions have revised their gold forecasts upward, with Goldman Sachs predicting prices could exceed $4,500 within 12 months under extreme conditions. Meanwhile, Bank of America strategists project gold reaching $3,500 in the next two years. They cited sustained demand from central banks, retail investors and China’s newly authorized insurance sector.
While gold dominates headlines, silver has struggled to keep pace, slipping 0.6 percent to $33.90 per ounce. Platinum and palladium posted modest gains, but analysts note that gold’s rally remains uniquely driven by macroeconomic and geopolitical factors rather than broader precious metals trends.
Despite gold’s overbought technical indicators – its Relative Strength Index stands at 77 – momentum remains strong. Analysts suggest that as long as trade tensions persist, inflation concerns linger and central banks maintain their buying spree, gold’s bullish trajectory could sustain.
With geopolitical risks from the Middle East to Europe still unresolved, the precious metal’s role as a financial safe haven appears more critical than ever. As investors brace for further market volatility, gold’s record-breaking run underscores its enduring appeal in an increasingly uncertain world.
Follow Metals.news for more news about precious metals like gold. Watch Craig Hemke commenting on the potential reasons behind the recent surge in gold prices in this clip.
Why One Survival Food Company Shines Above the Rest
Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.
It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?
This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.
Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.
At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.
What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.
You’re not watching very closely. Gold and Silver are going up slowly much more so than it should. The gold banks are sh!tting on the price almost every Friday and Monday. Today they started a day early. If everyone is screaming that the Gold banks are purchasing gold hand over fist, IT SHOULD HAVE MADE THE PRICE RISE, only to find this morning that Silver dropped almost 6%, Six percent is telling me that it is being manipulated and at this time they cannot be allow to manipulate the price of precious metals and make such a mess of it we end up having no idea of what their true value is.
When the Gold Banks are allowed to set the price of precious metals multiple times a day, they can say the price is anything they want !!!