Gold Prices Fall Slightly: Gold prices have been skyrocketing recently, with investors rushing to buy the precious metal as a “safe place” to put their money. On Monday, gold went over $5,000 per ounce for the first time and even touched $5,500 before dropping slightly. Silver is also on the rise, trading around $98 per ounce, up from $35 a year ago.
Even though gold prices have fallen a little from their peak, many investors still see it as a safe choice in a world full of uncertainty.
Trump, Trade Wars, and Global Conflicts
Experts say gold is rising because of worries about global politics and trade. U.S. President Donald Trump’s tariffs and threats, including a plan to take over Greenland, have made investors nervous. Wars in Ukraine and Gaza, plus tensions around Venezuela, have also contributed to uncertainty, pushing people toward gold and silver.
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“Gold does what it does best when the world feels messy,” says Emma Wall, chief investment strategist at Hargreaves Lansdown. “Trade tensions, wars, political problems in the U.S., and even worries about government shutdowns all make gold more appealing.”
Central Banks and Big Buyers Fuel the Rally
Central banks around the world have been buying gold to protect themselves from risks tied to the U.S. dollar. Countries like China are also buying huge amounts, both for jewelry and investment. Even companies like Tether, a digital currency specialist, are snapping up so much gold that their reserves are bigger than some small countries’ gold holdings.
Some recent changes have caused gold to drop slightly, such as news about Trump choosing a safer candidate for the Federal Reserve. But prices are still about 65% higher than last year, showing that gold and silver remain strong “safe haven” options for investors.
Nicholas Frappell, head of institutional markets at ABC Refinery, says, “When you own gold, it’s not tied to someone else’s debt or a company’s success. It’s a safe way to protect your money in a risky world.”
What Do You Think?
Gold and silver have been climbing because of political tension, wars, and trade issues. Do you think gold will keep rising, or could it fall soon?
Comment below and share your thoughts!
Frequently Asked Questions (FAQ)
Q1. How high will gold go in 2026?
A: Deutsche Bank made a statement on Tuesday. They think the price of gold will go up. It could be $6,000 for one ounce of gold by 2026. The reason, for this is that people and banks want to invest in things that’re not related to the dollar. They like assets. This demand will keep going up.
Q2. What is the price of 24K gold (99.9 %) in Delhi?
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