The bad economic vibes are causing more people to stock up on gold
From Yahoo Finance: 2025-05-25 12:30:00
Demand for physical gold has surged 13% in the first quarter of 2025, with investors worried about economic instability and a decline in the dollar. Longtime investor Marc Faber, known as “Dr. Doom,” has been buying gold for decades, anticipating a debt crisis and other economic woes.
Global demand for gold bars has increased by 13% in the first quarter of 2025, according to the World Gold Council. Analysts attribute this rise to concerns about the US dollar, economic weakness, and the government’s debt and deficit. Google searches for “gold bars” have spiked during market-moving events.
Genesis Gold Group reports intense interest in gold, particularly from off-the-grid individuals preparing for potential crises. The price of gold has risen by 25% in 2025, outperforming the S&P 500. While some fears driving gold demand may be exaggerated, analysts believe uncertainty about the economy will continue to support gold prices.
Despite concerns about a US recession and the impact of Trump’s tax bill, forecasters do not anticipate a severe economic downturn. Analysts predict that demand for gold will remain strong as long as economic uncertainty persists. The World Gold Council foresees a positive trajectory for gold prices in 2025.
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