Investors wondering if the last few months are a fluke—the result of panicked traders flocking to a safe haven amid tariff fears and other concerns—should take a longer view of gold. The spike in the price of the metal has been unfolding more or less continuously for over a year, since early 2024.
Of course, that is no guarantee that gold will continue to gain value going forward. Still, the looming threat of additional tariffs, increasing trade tensions with China, and the Trump administration's signals that it may disrupt the Federal Reserve all point to the possibility of future market turbulence.
