Gold Soars to Record $4,380 as Investors Flee to Safety

A Year of Unstoppable Momentum On October 16, 2025, gold reached a new all-time high (ATH) of $4,380 per ounce, according to ￰0￱ from Companies MarketCap values gold’s total market capitalization at approximately $30.38 trillion, reinforcing its dominance as a global safe-haven asset, as noted by The Economic ￰1￱ the start of the year, gold has risen more than 60%, fueled by geopolitical tensions, expectations of aggressive Federal Reserve rate cuts, massive central bank purchases, and a growing shift toward ￰2￱ ETFs have also seen a sharp influx of funds, reflecting strong investor ￰3￱ the time of writing, gold trades around $4,360 per ￰4￱ Gold Keeps Shining Investors are rapidly pivoting to safe-haven assets amid market volatility, a weaker U.

S. dollar, and expectations of looser monetary policy, making gold increasingly ￰5￱ Craig Erlam of OANDA’s MarketPulse observed: “Gold’s outlook will depend largely on the trajectory of interest rates in 2026 and the relationship between the ￰6￱ ￰7￱ no agreement is reached and tensions escalate, gold could exceed $5,000 per ounce.” Meanwhile, Reuters reports that ANZ expects gold to reach $4,400 per ounce by late 2025, potentially peaking near $4,600 in mid-2026, before a correction begins once the Fed’s rate-cutting cycle ￰8￱ to Trading Economics, prices may stabilize around $4,066 by the end of the current quarter, with potential to rise toward $4,248 over the next 12 ￰9￱ Forces Behind the 2025 “Gold Rally” Expectations of Federal Reserve rate cuts Weakening ￰10￱ Escalating trade tensions between the ￰11￱ China Rising demand for defensive assets Sustained central bank purchases of gold As a reminder, gold’s previous record was set on September 22, following a deep correction in the crypto market — a shift that once again highlighted investors’ renewed faith in tangible, time-tested assets like gold.