Silver Rises Over 120% YTD  Invest Now  arrow small top right

close

Gold Hits $3,500 — Why Gold is Up 33% YTD and What’s Next?

Brandon Sauerwein, Editor

Since 2000: Gold +1,088% Returns | SPY +478% Returns

Since 2000: Gold +1,088% Returns | SPY +478% Returns

What we’re witnessing isn’t just a bull run — it’s a reawakening in precious metals.

In just the past month, gold shattered the $3,000 milestone and briefly touched $3,500 an ounce early Tuesday morning — a historic surge that has stunned even veteran investors.

But this move isn’t happening in isolation. A perfect storm is unfolding: escalating tariff tensions, ballooning global debt, surging central bank demand (especially from the East), and a growing global shift away from the U.S. dollar are rewriting the rules of gold. Traditional forces — like rising real interest rates — no longer seem to hold gold back.

To put this gold rally in perspective: 

  • Gold is up as much as 33% in just the first five months of 2025 — on pace for one of its strongest years ever
  • Since 2000, gold has gained 1,088%, compared to 478% for the S&P 500
  • After multiple record highs, gold is now pulling back to around $3,300

Could this be the perfect opportunity to buy the dip during a raging bull market? 

Time will tell — but if you think you’ve missed the move, consider this: Mike Maloney recently shared his boldest forecast yet — a potential gold price of $10,000. It’s a level he’s never publicly projected before, and it’s backed by decades of research and a deep understanding of the monetary shifts now underway.

In Mike’s view, we’re not at the end of this bull market — we’re at the beginning of something historic…

In Case You Missed it — Mike Just Shared a Rare Gold Price Forecast

Mike Maloney has spent decades educating investors on economic cycles, sound money, and wealth preservation. And throughout that time, he’s avoided making specific gold price predictions.

Until now.

The explosive move from $3,000 to over $3,400 in just weeks isn’t business as usual — it’s the start of something far bigger. In his latest video, Mike breaks precedent to share his boldest forecast ever — including a clear target and the timeframe he believes it could happen.

A once-in-a-generation financial reset may be underway, and this could be your window to act before a new wave of investors rush in.  

The Global Capital Rotation Is Underway — Are You Ready?

Alan Hibbard sits down with Kevin Wadsworth and Patrick Karim of Northstar Bad Charts to unpack a seismic shift underway in global markets — what they call the Capital Rotation Event: a rare but decisive migration of capital out of overvalued stocks and into hard assets like gold and silver.

If you’re impressed by gold’s run so far, Alan says we haven’t seen anything yet.  

In today’s must-watch interview, you’ll discover: 

  • Why gold’s breakout is bigger than just price — it’s happening across multiple key benchmarks (USD, CPI, PPI, S&P)
  • How historical patterns signal explosive potential for silver and mining stocks
  • Why the S&P 500 may no longer reflect true economic health — and what to watch instead 

This isn’t just another chart review. It’s a warning — and a roadmap. Alan breaks down exactly how to position your portfolio in an era where fiat currencies are faltering, and hard assets are rising to the forefront. 

Secure Bulk Pricing on Every Single Gold & Silver Purchase

InstaVault Silver: The Smart Way to Build Your Precious Metals Portfolio

What Else is in the News?

🏦 Fed Holds Steady as Trump Renews Criticism of Powell
Despite mounting political pressure — including renewed calls from President Trump for his removal — Federal Reserve Chair Jerome Powell is holding the line. New York Fed President John Williams confirmed there’s no current case for cutting rates, stating in a Fox Business interview that the central bank sees no need to adjust the federal funds rate. Trump, who nominated Powell in 2017 but turned critical shortly after, has escalated calls for rate cuts as the 2025 election approaches. 

📈 Gold Briefly Hits $3,500 Amid Fed Drama
Gold surged to a new record of $3,500 per ounce before retreating slightly, as investors reacted to political uncertainty and renewed fears about Fed independence. Concerns over Trump potentially firing Powell drove a flight from stocks, bonds, and the dollar — pushing demand for gold as a safe-haven asset. Although Trump has since softened his stance, the episode underscores how fragile confidence is in the current monetary environment. Gold is still up over 30% year-to-date.

⚠️ Trump Administration Eases China Tariff Stance
In a sharp reversal, President Trump has signaled that tariffs on Chinese goods could be reduced from the current 145% if negotiations progress. This is a marked pivot from earlier threats of full-scale economic decoupling. Markets interpreted the shift as an effort to stabilize trade relations — but the lasting impact on inflation and investor confidence remains uncertain.

💰Goldman Sachs: $4,500 Gold “Tail Risk” Still on the Table
Goldman Sachs has raised its year-end gold price target to $3,700, citing sustained macro pressures and growing safe-haven demand. In a more extreme scenario, analysts say gold could surge to $4,500 per ounce if the Fed is forced into an unexpected policy pivot — a “tail risk” that looks more plausible in today’s volatile landscape.

🥇 Is Gold Too Crowded? Not Even Close
A recent Bank of America survey showed 49% of fund managers now see gold as the “most crowded trade,” dethroning the Magnificent 7 tech stocks for the first time in two years. But the data tells a different story. 

  • Gold ETFs represent just 2% of all ETF assets — well below the 8%+ seen at gold’s 2011 peak
  • Gold mining ETFs account for just 0.25% of stock ETF assets, compared to 1.5% at the last peak 

This suggests gold is far from overcrowded. In fact, if institutional allocations even begin to normalize, the rally could still be in its early stages.

💬 What GoldSilver Investors are Saying

⭐ ⭐ ⭐ ⭐ ⭐ Always Great

“Always great. Thank you GoldSilver for helping me preserve wealth, and thank you Travis for assiduous persistence in helping us with helping my daughter log in to my account invite.” — J. Grimes

Experience the GoldSilver difference: 

  • Receive expert guidance from dedicated precious metals specialists
  • Access comprehensive educational resources to master your investment strategy
  • Trust in our industry-leading customer service team that puts you first 

Ready to get started? 

Gold Confiscation: Could the Government Take Your Gold Again?
Articles

Gold Confiscation: Could the Government Take Your Gold Again?

In 1933, the US government ordered Americans to surrender their gold at $20.67 an ounce — then revalued it to $35 and kept the difference. It was legal. It worked. But five major crises have passed since private ownership was restored in 1975, and confiscation has not happened once. Here is what actually changed, why the legal bar is now substantially higher, and what modern allocated ownership means for the question every gold investor eventually asks.

Read More »
Gold Price History: From $35 to $4,500 in 100 Years
Articles

Gold Price History: From $35 to $4,500 in 100 Years

Gold went from $35 in 1971 to around $4,500 today — a 12,000% gain since the gold standard ended. Meanwhile, the dollar lost 96.9% of its purchasing power over the same period. These are not two separate stories. This is the complete gold price history: decade by decade, the real cause behind every major move, and what a century of data tells investors right now.

Read More »
2024 American Gold Eagle and American Silver Eagle coins side by side on dark slate — should I buy gold or silver first
Articles

Gold or Silver First? A First-Time Buyer’s Framework

Most guides tell you gold is safer and silver is cheaper. That’s true and useless. This 4-question framework maps your budget, goals, storage, and liquidity needs to a clear starting point — so your first precious metals purchase is the right one.

Read More »
Bank of America gold forecast research report showing gold price chart with $6,000 target, held by analyst at conference table
Articles

Bank of America’s $6,000 Gold Forecast Isn’t a Price Call. It’s a System Call.

Bank of America has set a $6,000 gold price target for 2026. But the more important question isn’t whether gold gets there — it’s what the forecast reveals about the monetary system. The thesis rests on U.S. fiscal deterioration, record central bank buying, and a private investor base that’s barely started buying. Here’s what that means for anyone holding physical gold.

Read More »
Gold bar marked Fine Gold 999.9, 1000g resting on a stack of US hundred-dollar bills on a dark surface
Articles

The Bond King’s Golden Signal: Jeffrey Gundlach on Gold

The “Bond King” has a message for investors still holding a classic 60/40 portfolio: the era of pure paper assets is over. Jeffrey Gundlach’s shift toward gold and real assets reveals a blueprint for protecting — and growing — wealth in the new macro regime.

Read More »

Latest News

Silver Falls 6% on Jobs Beat. The Six-Year Deficit Didn't.
News

Silver Falls 6% on Jobs Beat. The Six-Year Deficit Didn’t.

Silver fell nearly 6% after May’s blowout jobs report sent rate hike odds to 67% and the 10-year Treasury to 4.54%. Gold dropped too — but only half as much. Here’s why: silver runs on two engines. The jobs report hit the monetary one hard. The industrial one — solar, EVs, AI infrastructure — didn’t flinch. And the World Silver Survey 2026 deficit of 46.3 million ounces? Unchanged. One Friday’s data moves prices. It doesn’t move ounces.

Read More »
Gold Rate Hike Fears Are Weighing on Prices. Here's the Full Picture.
News

Gold Rate Hike Fears Are Weighing on Prices. Here’s the Full Picture.

Gold slipped to $4,448 this week as rate-hike fears and Middle East tensions drove a 2% weekly loss. Central banks bought 244 tonnes in Q1 2026 — yet retail demand has cooled sharply. With May jobs data due today and gold holding just above its 200-day moving average, here is what five key developments mean for anyone holding precious metals right now.

Read More »
Gold at $4,480: Physical Demand Hits a 50-Year Milestone
News

Gold at $4,480: Physical Demand Hits a 50-Year Milestone

Central banks reshape gold markets through the most concentrated sovereign buying in decades — but that’s only one of five forces moving gold right now. Physical investment is overtaking jewelry demand for the first time on record. Russia’s figures don’t add up. China just hit the brakes. Here’s what’s driving the market.

Read More »

Mary

Samantha is wonderful. I was nervous about spending a chunk of money. I asked her to `hold my hand’ and walk me through making my purchase.  
She laughed and guided me through, step by step. She was so helpful in explaining everything... 

A. Howard

Travis was amazing! I was having difficulty with a wire transfer of my life’s savings, and I was very worried that I might not be able to receive it all. My husband just passed away and I’ve been worried about these funds along with grieving for 8 months. As soon as I got connected with Travis, my concerns were immediately addressed and he put me at ease. The issue was resolved within days. He even called me back with updates to keep me in the loop about what was going on with the funds. I am so grateful for a customer representative like Travis. He really cares for his clients.

Sam was also very helpful! I called and was connected to Sam within 30 seconds. She helped me with a fee that was charged to my account. She had a great attitude and took care of the fee quickly.

talk to us

Get in Touch with GoldSilver Experts

    Michael G.

    Outstanding quality and customer service. I first discovered Mike Maloney through his “Secrets of Money” video series. It was an excellent precious metals education. I was a financial advisor and it really helped me learn more about wealth protection. I used this knowledge to help protect my clients retirements. I purchase my precious metals through goldsilver.com. It is easy, fast and convenient. I also invested my IRA’s and utilize their excellent storage options. Bottom line, Mike and his team have earned my trust. I continue to invest in wealth protection and my own education. I give back and help others see the opportunities to invest in precious metals. Thank you.