Let’s not beat around the bush: Gold is on fire right now. Prices have shot up by 34% so far in 2025 basis the December contract (GCZ25), hitting an all-time high of $3,720.40 per ounce this week.
That’s a pretty staggering rally, and it’s probably got a lot of wistful buyers wishing they’d made an entry sooner. But the craziest thing about this surge is that nobody’s expecting it to stop anytime soon.
