Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleThe price of gold has surpassed $4,000 per ounce for the first time ever, driven by global instability and uncertainty surrounding Donald Trump's policies. This surge is attributed to a depreciating US dollar, anticipated Federal Reserve interest rate cuts, and the nation's growing debts, which led to a Moody's credit downgrade. Money managers, investors, and central banks worldwide are increasingly turning to gold as a safe haven, reflecting a lack of confidence in US institutions and the dollar's declining value. International market shocks, including the Japanese yen's drop after Sanae Takaichi's election and the French Prime Minister's swift resignation, have further propelled investors towards gold. Experts like Ken Griffin express concern over the shift away from the dollar, while Goldman Sachs has raised its 2026 gold price forecast to $4,900 per ounce. In fullGold prices hit new high at $4,000 as investors turn to ‘safe haven’ amid fears of Trump policies and global conflictsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

The precious metal is on course for its best year since the 1970s, underscoring unease in financial markets.

A “variety of multiple time frame technical signals and conditions warn of uptrend exhaustion,” writes BofA’s Paul Ciana.

Gold futures have gained more than 50% this year as the dollar has weakened and President Donald Trump threatens Federal Reserve independence.

The asset had seen wider gains in 2025, particularly with President Trump ’s barrage of tariffs plunging much of the world into economic uncertainty.

The price of gold rose to $4,000 for the first time ever Tuesday, as investors seek more stability. The metal is up 50% this year as the dollar has dropped.

Stay up to date with notifications from The IndependentNotifications can be managed in browser preferences.AllNewsSportCultureLifestyleThe price of gold has surpassed $4,000 per…

Analysts point to delays in the reporting of economic data due to the US government shutdown as one reason for the rise.

Precious metal having biggest rally since 1970s amid political uncertainty in US, France and Japan

Gold surged past $4,000 an ounce, up 50% this year, driven by investor fears over government debt, a weaker dollar, a buying spree by China’s central bank, and concerns the AI…

The price of gold has soared 50 percent in 2025. Experts say the 'safe haven' asset is becoming an all-occasions asset.

Gold can be a good investment during times of uncertainty, but there are trade-offs to consider.