dinero_admin Gold reached an unprecedented milestone on friday when it broke the US$3,000 per ounce barrier, setting a new record high. At 4:31 a.m., the precious metal was trading at US$3,000.39 spot, driven by its role as a safe haven in the face of financial volatility and expectations of adjustments in the Federal Reserve’s monetary policies.
The rally reflects a sustained upward trend, with a rise of more than 14% since january. Analysts point out that the combination of trade tensions, geopolitical uncertainty and the possible reduction of interest rates in the United States has revitalized the demand for gold. Institutional and retail investors are increasing their positions in the metal, anticipating that it will preserve its value in the face of inflation and economic slowdown.
In addition to macroeconomic factors, gold is benefiting from a strategic shift in global reserves. Many countries, especially emerging economies, are diversifying their assets to reduce dependence on the dollar. Central banks, for their part, have accelerated their bullion purchases, reinforcing their reserves in the face of a possible crisis scenario. This friday, the price reached US$3,004.94, evidencing a constant appetite.
This phenomenon not only responds to current circumstances, but also to a re-evaluation of gold as a pillar of financial security. In contrast to the volatility of stock markets and cryptoassets, its stability attracts both governments and private investors. China, India, and Middle Eastern nations are among the biggest buyers, while Europe and America are also increasing their reserves.
