From Yahoo Finance: 2025-03-31 10:37:00

Gold prices hit a record high above $3,100 per ounce, driven by factors such as U.S. tariff worries, central bank demand, Fed interest rate easing expectations, and geopolitical tensions. Prices are up 18% this year, with 19 all-time highs in 2025. Analysts predict prices could reach $3,300 per ounce by year-end.

Uncertainty surrounding U.S. tariffs, geopolitical tensions in the Middle East, and interest rate easing expectations are fueling gold’s rally. President Trump is set to announce reciprocal tariffs on April 2. Central bank demand and investor appetite for gold are surging, with ETFs seeing increased inflows.

Last year, gold had its best performance since 2010, driven by geopolitical turmoil and economic uncertainty. The Fed’s rate easing policy also contributed to the surge. Analysts believe central bank purchases will continue to support gold prices, potentially reaching $3,300 per ounce by the end of 2025.



Read more at Yahoo Finance: Gold sails above $3,100 to uncharted territory as US tariffs approach