|

Gold tops $3,000 for the first time ever – Is $4,000 next? [Video]

It's official: Google searches for the phrase “How To Trade Gold” are surging once again! 

This comes as no surprise, considering the current macroeconomic backdrop is fuelling a perfect storm for Gold – firmly positioning the yellow metal as the world’s Number One “Trump Trade” of 2025. 

At the beginning of the year, analysts at GSC Commodity Intelligence dubbed 2025 “The Year of Gold” – And now we're starting to see why! 

Fast forward to the present day and it's fair to say that Gold is not just having a great start to the year. But in fact, the world's favourite precious metal is having one of its best starts to the year ever in history. 

Since President Trump's inauguration in January – Gold prices have been on a parabolic run – climbed more than $300 within the President’s first 50 days back in office to score new all-time record highs – not once, not twice, but on 15 separate occasions, so far in 2025. 

Yes, you read that correctly. 

Gold has set new all-time record highs 15 times, within the last 50 days alone. 

Gold has outperformed every other major asset class since President Trump's inauguration including Wall Street’s benchmark S&P 500, the Magnificent Seven Stocks and Bitcoin, which have all now entered into correction territory. 

To quote analysts at GSC Commodity Intelligence – “Capital rotation from high risk assets to Gold is gaining unstoppable momentum in a big way, which cannot be underplayed. This is guaranteed to provide rocket fuel for Gold’s bull market for years to come”. 

Last week, Gold prices skyrocketing to a new all-time record high of $3,005 an ounce – surpassing the precious metals previous all-time high of $2,989 an ounce reached only a day earlier. 

The yellow metal is now up 14% since the beginning of this year. But even more remarkably, Gold prices have now chalked up a whopping gain of more than 50% from this time a year ago. 

Gold's record-breaking run, since President Trump's inauguration has been nothing short of impressive. Never before in history have we seen the precious metal score multiple all-time record highs in such a short space of time. 

As Gold prices continue their unstoppable run higher, scaling new all-time record highs for a sixth consecutive quarter in a row – analysts at GSC Commodity Intelligence are convinced that this is just the beginning of a “new historic Supercycle for Gold”. 

The big question now is: How High Will Gold Prices Go This Year? 

Only time will tell, however one thing we do know for certain is that the stars appear to be aligning for Gold, which ultimately suggests it won't take much for prices to break new record highs in the coming weeks, if not days ahead! 

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Author

Phil Carr

Phil Carr

The Gold & Silver Club

Phil is the co-founder and Head of Trading at The Gold & Silver Club, an international Commodities Trading Firm specializing in Metals, Energies and Soft Commodities.

More from Phil Carr
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD consolidates below 1.1700 as markets turn risk-averse

EUR/USD struggles to stage a rebound and trades near the lower limit of its weekly range below 1.1700 on Thursday. The US Dollar benefits from the cautious market stance and doesn't allow the pair to gain traction ahead of mid-tier data releases.

GBP/USD stays in red near 1.3450 on broad USD resilience

GBP/USD stays on the back foot after posting losses for two consecutive days and trades near 1.3450 on Thursday. The souring market mood amid simmering geopolitical tensions make it difficult for the pair to gain traction as focus shift to the the US labor market data.

Gold sticks to intraday losses below $4,450; seems vulnerable to slide further

Gold maintains its offered tone in the second half of the day and trades below $4,450 after posting daily losses on Wednesday. The downfall lacks any obvious fundamental catalyst and could be attributed to some follow-through profit-taking ahead of the release of the US Nonfarm Payrolls report on Friday. 

Pi Network flashes bearish potential as selling pressure mounts

Pi Network trades above $0.2000 at press time on Thursday, following a nearly 2% decline the previous day. Centralized Exchanges have received 1.90 million PI tokens over the last 24 hours, suggesting risk-off sentiment among holders. The technical outlook for the PI token remains bearish, with a risk of a cross below the 20-day Exponential Moving Average. 

2026 economic outlook: Clear skies but don’t unfasten your seatbelts yet

Most years fade into the background as soon as a new one starts. Not 2025: a year of epochal shifts, in which the macroeconomy was the dog that did not bark. What to expect in 2026? The shocks of 2025 will not be undone, but neither will they be repeated.

Pi Network Price Forecast: PI flashes bearish potential as selling pressure mounts

Pi Network trades above $0.2000 at press time on Thursday, following a nearly 2% decline the previous day. Centralized Exchanges have received 1.90 million PI tokens over the last 24 hours, suggesting risk-off sentiment among holders.