Will Gold Prices Hit Another All-Time High In 2025?
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Gold prices climbed to fresh record highs early in the year, surpassing the previous all-time high set in October, following President Trump’s focus on tariffs and rising trade tensions between U.S. and China.
The precious metal surpassed multiple record peaks in in 2024 and broke through the $2,900/oz for the first time in February, as investors weighed the risks of tariffs and heightened geopolitical risks.
President Trump announced plans to impose an additional 25% tariff on all steel and aluminum imports and outlined plans for reciprocal tariffs matching rates imposed by other countries.
As markets assess the geopolitical and trade uncertainty that lies ahead, what is the outlook for gold prices in 2025?
This post originally appeared at J.P. Morgan.
Category: Gold
