According to Bloomberg data collected by EFE, this March 14, the yellow metal exceeded US $ 3,000, after Up 0.40 %in a context of global uncertainty due to tariff and geopolitical tensions, and the fear of a recession in the United States.
Minutes later, gold continued up, and reached new maximums in those US $ 3 thousand 004.94 per ounce.
During the early hours of this Friday, The price of precious metal He already managed to exceed the records reached on the eve, in a context of new US threats to impose more tariffs on Europe.
With this revaluation, in the year gold has raised its value by 14.5 %.
Charlotte Peuron, specialized fund manager in the precious Mutuel metals sector, explained that the Gold market is experiencing a strong ascent in early 2025 driven by economic and political risks, such as inflation, geopolitical uncertainties, Donald Trump’s return to the White House or mass purchases by central banks and investors.
“All these elements convinced investors to return to gold“Peuron added, who explained that the Western investors demand It is increasing, both through the Golden ETFs and through physical gold deliveries.
On the other hand, China added, in addition to the Central Banks Purchasesjust launched a pilot program that allows insurance companies to invest in gold for their medium and long -term asset allocation strategies.
“All lights are green and this should support the demand for gold,” the expert concluded.