Since the start of 2024, gold has been in continuous growth.
We can confidently conclude that 2024 has been the year with the highest number of historic records ever set when it comes to the value of gold.
The election of U.S. President Donald Trump partially calmed global uncertainty and stabilized the value of gold. However, shortly afterward, strategic decisions made by certain European Union countries and the still-current administration in the United States increased concerns about the risk of nuclear conflict.
Fear of a nuclear conflict between two opposing parts of the world is increasing day by day, driving gold to new historic highs.
Gold reacts to every global threat with a strong increase in value. The greater and more certain the danger becomes, the stronger gold rises. At the same time, demand for gold is experiencing extraordinary growth. The reason for this lies in the sense of security that people around the world are seeking. For centuries, gold has proven to be the most reliable asset for protecting wealth during uncertain times.
The same has happened this time as well. Demand for gold around the world is growing at an incredible pace. This has led to the “limited availability” of most gold products in the largest investment centers worldwide. In 2024, gold provided investors not only with security, but also with exceptional profits. The growth in gold value during 2024 significantly exceeded the inflation rate for the year, bringing investors substantial benefits in the form of additional returns on their invested capital.
2025 – The Return of President Donald Trump to Power
Immediately after his inauguration, President Donald Trump entered into a form of trade conflict with part of the world and imposed tariffs on imported goods from several countries, including China, Canada, and Mexico. Some of these countries responded with reciprocal measures. The global economic and financial community perceived this situation as a major source of instability. Gold reacted with a strong increase in value. As a result, the value of gold rose by a full 10% during January and the first half of February 2025.
FUTURE TREND OF GOLD VALUE MOVEMENTS
The future trend of gold value movements will be determined by future global events. If reason prevails and armed conflicts come to an end, the value of gold is likely to enter a phase of consolidation. However, if tensions continue to rise and conflicts persist, gold will almost certainly continue to increase in value and set new historic records.