Gold prices have historically surged during market upheavals in the last half-century. The precious metal remains a top pick for investors as they navigate an uncertain macroeconomic backdrop fueled by high US tariffs, an escalating trade war with China, and dynamic changes within the federal government.
Gold prices soared to a record high of £2,460 ($3,245) per ounce last week amid the ongoing market turmoil. The time-tested tangible asset is positioned for further growth this year as economists forecast higher inflation, rising consumer prices, global supply chain disruptions, stock market volatility, and increasing chances of a US recession for the remainder of 2025. The latest stock market crash wiped out trillions of dollars from investor accounts as major US benchmark indexes declined to correction territory.
