New York (AP) – When the uncertainty in the middle of the first closure of the US government has been deepening for almost seven years, the gold rush continues to escalate to new heights.
The price for the New York Spot Gold awarded a record of USD $ 3,858.45 per Troy Ounce – the standard for measuring precious metals – at the end of the market on Tuesday before closing, which begins overnight. And the futures continued on Wednesday and danced with the 3,900 US dollar brand.
Gold sales can rise sharply if anxious investors are looking for “safe ports” to park their money. Before Wednesday – and other metals such as silver – gained larger profits last year, especially with the flood of tariffs from President Donald Trump, which separate a enormous part of the world into economic uncertainty.
If there are trends, analysts have predicted that prices could continue to escalate. Nevertheless, gold can be volatile and the future is never promised. We know the following.
How much have the gold prices increased this year? What about silver?
Gold -Futures more than 45% since the beginning of 2025, which deals with a little more than 3,895 US dollars on Wednesday at 12:30 p.m.
Other precious metals have also made profits – with silver, which has so far experienced an even larger percentage jump year. Silver Futures rose by more than 59%, which is traded at almost $ 48 per ounce on Wednesday at noon.
Why do prices rise?
Much of it amounts to uncertainty. The interest in buying metals such as gold tips normally when investors become anxious.
Much of the latest economic turbulence has taken over from Trump’s trade wars. Since the beginning of 2025, steep new tariffs, which the President for Ware from all over the world have imposed on the United States, have tense companies and consumers alike – the costs higher and the weakening of the labor market. As a result, the attitude has flown while inflation continues to be raised again. And more and more consumers are expressing pessimism across the upcoming street.
The current closure of the US government could escalate these fears. An critical job report from the Ministry of Labor, which is planned for Friday, is delayed, for example. And the closure itself threatens its own economic consequences nationwide. It was expected that around 750,000 federal employees were assessed, some of which may have been released by Trump’s Republican administration. Many offices are also closed permanently because Trump swears to “do things that are irreversible” to punish Democrats for the coordination of GOP legislation.
The impact area could be due to how long the dead end takes. Wall Street has now not been largely calmed down by the shutdown – but the yields of the Ministry of Finance decreased on Wednesday the hiring of ADP Research’s hiring data.
Investments in gold were also powered by other factors over time. Analysts have previously referred to a mighty gold demand from central banks around the world – including the increasing geopolitical tensions such as the continuing wars in Gaza and Ukraine.
Is gold worth the investment?
Proponents of investments in gold call it a “safe harbor” – argue that the raw material can serve to diversify and compensate for its investment portfolio and to reduce possible risks on the street. Some also comfort themselves when buying something material that has the potential to escalate the value over time.
Nevertheless, experts warn against laying all eggs in a basket. And not everyone agrees that gold is a good investment. Critics say gold is not always inflation that many say that this is the case-and that there are more capable ways to protect against potential capital losses such as derivative-based investments.
The Commodity Futures Trade Commission has previously warned people to carefully invest in gold. Precious metals can be very volatile, said the commission, and prices escalate with increasing demand – which means that economic fear or instability are high, the people who usually benefit from precious metals are the sellers. “
And even Gold’s current rally has recorded a certain volatility. While he has still risen significantly since the beginning of the year, there was a handful of compact distances with losses. The gold prices fell several days after Trump’s extensive announcement of the “liberation day” on April 2.
If you invest in gold, it is critical to find out about secure trading practices and prefer potential frauds and counterfeits on the market.
