Demand for perceived safe-haven assets such as gold is rising as geopolitical uncertainty grows. Other factors are also pushing up gold prices. Among them are dovish comments from Federal Reserve officials about the future policy rate.
The price of gold rose 65 percent in 2025, hitting a number of record highs.
With Monday's increase, the price of gold has continued to rise, gaining just over 2 percent to around $4,420 per ounce (31.1 grams). That's about 3 percent below the all-time high of $4,533 per ounce, which was reached in recent days.
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