Gold Price Skyrockets: Record Highs, Rollercoaster Volatility, and a Bold $5,000 Prediction
Gold is trading around $4,000 per ounce at market close on Oct. 30, 2025. Reuters reports spot gold at $4,003.62/oz by 1:39 p.m. ET on Oct. 30reuters.com. U.S. futures settled near $4,015.90reuters.com. This follows a 2% jump on Oct. 30, as gold bounced on the Fed’s quarter-point rate cut and amid uncertainty over a U.S.–China trade dealreuters.com. In the earlier Asia and European sessions, gold dipped near $3,982ts2.tech before recovering. Overall, October 30 saw gold comfortably above $4,000 again, reversing last week’s decline.