Gold prices climbed to successive record highs in 2025, continuing an upward trajectory that analysts believe is far from reaching its peak. Price escalation Gold prices soared by more than 70% in 2025, marking their strongest annual performance in 46 years. The last time the precious metal enjoyed such a dramatic rally was in 1979, when Jimmy Carter was president of the United States. At that time, a crisis in the Middle East, surging inflation, and an energy crunch combined to drive gold sharply higher. Fast forward to 2025, and the parallels are striking. The year closed amid significant global upheavals: tariffs introduced by U.S. President Donald Trump are reshaping international trade, while military conflicts continue to flare in multiple hotspots—from the ongoing war between Russia and Ukraine and rising tensions between Israel and Iran, to border clashes between Thailand and Cambodia, and even the U.S. seizure of oil tankers off Venezuela’s coast and America carried out an attack on Venezuela and captured Venezuelan President Nicolás Maduro and his wife, and flew them out of the country to New York. In times of uncertainty, investors often gravitate toward safe‑haven assets such as gold. Long regarded as a resilient store of […]