Gold has risen 43% since January 2024
Last week, gold prices that shoot up to a new record record of $ 2,942 per ounce, the precious metals that previously reached the previous time of $ 2,921 per day a day earlier.
The yellow metal has now risen more than 12% since the beginning of this year. But even more remarkable, the gold prices have now collected a profit of almost 43% since January 2024 when the metal traded at $ 2,065 per ounce.
Gold’s record -breaking run, because President Trump’s inauguration was downright impressive. Never before in history we have seen the Precious Metal Score multiple record highs in such a short time.
As the gold prices remain their unstoppable run, the new record heights for a sixth consecutive quarter in driving analysts at GSC Commodity Intelligence are convinced that we are still in the early stages of a “new historical super cycle for gold”.
In a memorandum for customers, analysts of GSC Commodity Intelligence wrote: “Gold not only makes new highlights in 2025, but it is really outbreak. That is a significant sign that this rally just started”.
The big question now is: how high will gold prices go this year?
Only the time will tell, but one thing we know for sure is that the stars seem to be aligned with gold, which ultimately suggests that it does not take much before the prices break new record highs in the coming weeks, if not days ahead !