Gold prices have broken the $3,000 per ounce barrier for the first time, reaching $3,004.86 on Friday – marking the thirteenth record high of 2025. The 14% price increase this year follows a 27% surge in 2024. Analysts attribute this rally to geopolitical tensions, inflation concerns from new tariffs, central bank buying, and investors seeking safe-haven assets amid market volatility and trade tensions with China and Canada following President Trump’s protectionist policies.

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Big Banks Are Calling $6,000+ Gold. Here’s Why
A court blocks Trump’s tariff push, gold climbs, and two major banks raise their price targets — one as high as $8,000. Today’s briefing breaks down what’s driving the rally and why it matters.




