Date Posted

Gold price history at $5 000 per ounce

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The price of gold has risen above $5 000 per ounce for the first time ever, extending a historic rally that saw the precious metal jump by more than 60% in 2025
It comes as tensions between the United States (US) and NATO over Greenland have added to growing concerns about financial and geopolitical uncertainty. US President Donald Trump’s trade policies have also worried markets. Over the weekend he threatened to impose a 100% tariff on Canada if it strikes a trade deal with China. Gold and other precious metals are seen as so-called safe-haven assets that investors buy in times of uncertainty.
–ChannelAfrica–