Gold Soars to Record Highs in 2025 – Is the $4,000 Milestone Just the Beginning?
Gold prices hit a record $3,896 per ounce in early October 2025, up nearly 48% year-to-date and nearing the $4,000 mark after seven straight weekly gains. Surging safe-haven demand, record central bank buying, and bets on imminent Federal Reserve rate cuts have fueled the rally. The U.S. dollar has fallen about 9% in 2025. Analysts warn gold looks overbought, raising the risk of a pullback.