Gold prices hit record high
Spot gold prices top a record $3,200 an ounce as investors ditch U.S. assets and seek a safe haven amid the global economic uncertainty caused by U.S. President Trump’s erratic tariffs
GOLD SPOT PRICES (US$ per ounce)
1000
2000
3000
2010
2015
2020
2025
Aug 23, 2011: Gold surges to $1,876 following global economic crisis of 2008-09 
Jan 1, 2014: $1,218.50
Economic recovery – investors abandon gold for equities and bonds which pay dividends and interest
Dec 25, 2015: $1,068.25
Aug 12, 2016: Soars to $1,322.40 after UK delivers shock vote to leave EU
Oct 9, 2018: $1,185.55
President Trump escalates trade war with China
Aug 5, 2020: Peaks at $2,048.15 following resurgence of Covid-19 in U.S.
Nov 1, 2022: $1,645.25
Apr 11, 2025: Hits $3,219.48, more gains expected
Sources: Bloomberg, World Gold Council
© GRAPHIC NEWS