Gold has repeatedly touched new highs in the last year, driven by persistent inflation, geopolitical instability in Eastern Europe and the Middle East, and growing market uncertainty over proposed Trump administration policies, including sweeping tariffs. As of February 18, 2025, the price of gold is around $2,937 per ounce, down just a few dollars from the latest all-time high achieved earlier in the month.
Gold's rally of about 44% in the last year comes out slightly ahead of silver's 43% gains over the same period. Other precious metals like platinum have also increased in price in the last year, if not to the same degree as gold and silver, offering new opportunities for stocks related to these metals.
