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The Guardian - US
The Guardian - US
World
Adam Gabbatt

Gold has surged amid economic uncertainty. Should you buy some?

stacks of gold bars
Gold bars stacked in a vault at the US Mint in West Point, New York, in 2014. Photograph: Mike Groll/AP

As economic uncertainty roils the US, the price of gold has roared to record highs amid investors seeking a place to shield their cash from Donald Trump’s scattergun trade wars.

A single ounce of gold cost $3,051.99 on Wednesday, compared with $2,160 in 2024, and gold has historically been seen as the safest place to invest in financially turbulent times.

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