Gold prices for the first time entered the 3,000 dollar barriers for the Ons, powered by a major wave of central banks, the weakness of the global economy and the efforts of US President Donald Trump to reformulate global trade rules by drafting customs duties on allies and strategic competitors. The price of gold rose 0.4% to $ 3001.20 per gram on Friday, exceeding the psychological level of $ 3,000, strengthening its historical role as a value of value in crisis times, and as a standard for the measurement of fear in the markets. Over the past quarter of the past, the price of gold has risen by ten times, exceeding the S&P 500 index of US stocks, which only doubled four times during the same period. With traders ready to apply customs duties, gold prices in the United States have jumped over other international standards, asking traders to transfer large amounts of alloys to America before the new drawings came into effect. From the day of the US presidential election (November 5, 2024) to March 12, more than 23 million ounces of gold, with a value of about $ 70 billion, flowed to the “Comics” futures for future New York contracts. This large flow was a major cause of the US trading deficit in January to a record level. Gold shines in world crises, gold prices are often related to global economic and political pressure. After the global financial crisis, prices exceeded $ 1,000 an ounce, while exceeding the $ 2000 barrier during the Corona Pandemic. After dropping to about 1600 dollars after the epidemic, she has climbed since 2023, powered by purchases from the central bank that tried to reduce the dependence on the US dollar, amid the fear of using it as a political pressure instrument. Early in 2024, high prices accelerated with the increasing demand for gold in China, with anxiety over the slowdown in the economy. His turnout also increased after the US election, as markets recorded the effects of the new trade policies of the US administration. “Gold is the only origin capable of holding value in light of the greatest types of economic turmoil we have seen. Despite fluctuations, gold has its ability to return to its historical average and retain its purchase power while providing a great liquidity for investors.” Gold. ” A rise that has the high importance of the strength of the US POPKAS. drop in the yuan against the dollar led to the flow of investors to gold, and the global high inflation rates urged more investors to see it as a good store. We always said that the correction was coming, but it never happened. I think there is a general sense of reluctance to miss the $ 3000 level, “says Philip Newman, founder of Metals Focus. Trump’s policy supports gold, but the most important factor in the increase in gold in 2025 was strong and unexpected commercial policy for the new US administration, as US President Donald Trump has been imposed on the import of Canada, Mexico and the European Union, Taxes on Chinese goods and all imports of steel and aluminum. and also offered a controversial Gaza reconstruction plan. “The tremendous uncertainty created by American Policy, which has failed the global economy this year,” says Ian Samsun, director of a multi -bass portfolio at the Fidelity Foundation in Singapore. The purchases of the central banks of gold have been partly determined on the warning of central banks against excessive dependence on the dollar, which is a reflection of the growing geopolitical tension. Since Russia’s invasion of Ukraine in 2022, many central banks have noted that the United States can use the dollar as a financial weapon, which has led him to strengthen its gold reserves. The purchases of the central banks of gold have jumped since the Russian invasion, to double 500 tonnes to more than 1000 tonnes annually. While the pace of purchase in China has slowed down due to the high prices, the strong demand from countries such as Poland, India and Turkey, which was one of the biggest buyers last year, continued, according to the World Gold Council. Is the price of gold $ 3500? Despite the sharp increase, gold is still far from its modified historical peak, according to inflation, which in 1980 amounted to about $ 3800 per gram. At the time, he pushed poor economic growth, high inflation and geopolitical tension to unprecedented levels, and some analysts believe these factors will continue to achieve golden puppets as the most confused in 2025. As it exceeded the most important psychological levels at 2000 and $ 2500, analysts began to increase their expectations instead of changing their opinions on prices trend. “Until the price of gold reaches $ 3,500 a gram, the investment demand for gold must rise by 10%… and that is many, but it is not impossible,” says Bank of America, led by Michael Widader in a memorandum on February 12.
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