Gold’s Record Surge and Shocking Slump: Inside 2025’s Wild Gold Ride
Gold prices hit a record $4,381 per ounce on Monday before plunging over 3% to $4,203 on Tuesday, the sharpest one-day drop in nearly five years. The selloff followed heavy profit-taking as the U.S. dollar strengthened and festival demand faded. Despite the pullback, gold remains up about 60% in 2025, with central banks and investors continuing to buy at historic levels. Silver also fell over 5% alongside gold’s drop.