As global markets tremble under the weight of geopolitical chaos, gold has smashed through the $3,000 ceiling for the first time in history. The precious metal hit an eye-watering $3,057.31 in March 2025, leaving investors and analysts scrambling to update their projections. Up over 15% already this year. Not bad for a “barbarous relic,” huh?
The numbers tell a story that’s impossible to ignore. Gold has gained more than 600% since 2005, leaving both NASDAQ and S&P 500 in its glittering dust. Previous bull markets were impressive—gold soared from $35 to $800 in the 1970s and from $300 to $1,900 in the 2000s. But this one? It might just rewrite the history books.
Gold’s meteoric 600% rise since 2005 makes previous bull runs look like warm-up acts for today’s glittering performance.
Central banks can’t seem to get enough of the shiny stuff. They’ve been buying gold like it’s going out of style—over 1,000 tonnes annually in 2022 and 2023. China, Russia, and India are leading the charge, diversifying away from the almighty dollar. Funny how quickly friends become frenemies in the currency world.
The perfect storm has been brewing: Middle East tensions, trade uncertainties, inflation fears, and a mountain of U.S. debt taller than Everest. Plus, the dollar’s status as global reserve currency is looking shakier than a politician’s promises. Gold loves chaos. Always has.
Investment trends don’t lie. Gold ETFs are booming, mining stocks are on fire, and investors are fleeing bonds faster than rats from a sinking ship. The dramatic price increase pattern from 2019-2024 saw gold climb steadily from $1,523 to over $3,000 per ounce with few significant pullbacks. Low yields will do that. This growing investor optimism reflects a classic characteristic of bull markets, with market participants increasingly confident in long-term positive results.
Where’s this all heading? Some analysts are throwing around numbers that sound like science fiction—$10,000 to $20,000 per ounce. Crazy talk? Maybe not. This bull market could run for years, fueled by continued uncertainty and central bank buying.
Gold’s role in the global financial system is changing. Right before our eyes. The question isn’t whether gold will remain valuable—it’s whether anything else will.
