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Gold Surges to $3,385 as Israel-Iran Tensions and Trump Tariff Threats Rattle Markets

Is 2025 the New 1979? Why Gold Could Be Set to Double Again

Gold jumped to $3,385.27 per ounce Thursday (up 0.9%) as global markets reacted to two major developments: • Middle East tensions escalated with reports of Israel preparing military action against Iran, prompting partial US embassy evacuations in Iraq. Iran announced new uranium enrichment plans after UN censure. • President Trump confirmed new tariffs on multiple US trading partners within two weeks, while maintaining current tariff levels with China under a completed trade framework.

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Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments, including precious metals, involve risk and may result in partial or total loss. No conclusion of any type or kind should be drawn regarding the future performance of investments offered or managed by us based upon the information presented herein. Performance information presented has been prepared internally (unless otherwise noted) and has not been audited or verified by a third party. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date. See our complete disclaimers for additional details.

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