Gold’s Record-Breaking Rally Shakes Markets
Gold prices have made history, pushing past the $4,000 per ounce mark for the first time.
On October 7, 2025, spot gold hit an all-time high of $4,014.60 before closing at $4,004.40, according to market data.
By October 10, it hovered around $3,991, showing small dips but holding strong gains. This surge marks a whopping 50% rise since the start of the year, when gold started near $2,800 an ounce.
Investors are flocking to the shiny metal as a safe bet amid global worries. Check the latest gold price here.
The rally kicked into high gear last week, driven by fresh U.S. government shutdown fears and shaky politics. With elections looming and trade tensions rising, people are ditching stocks and bonds for gold’s steady glow.
🔥Gold has been an EXCELLENT store of value:
~100 ounces of gold are needed to buy a median-priced new single-family house in the United States, the lowest since the 1970s.
Since the beginning of the century, the ratio has fallen by ~85%.
Gold is true money. pic.twitter.com/aTQH1Quh8h
— Global Markets Investor (@GlobalMktObserv) October 10, 2025
A weaker U.S. dollar—down 10% this year—has also boosted demand. “Gold is the one asset that does very well when the typical parts of your portfolio go down,” said Ray Dalio, founder of Bridgewater Associates, at the Greenwich Economic Forum. His words capture why everyday folks and big funds alike are piling in.
Why Gold’s Glow Is Brighter Than Ever
This isn’t just hype—gold’s climb echoes the 1970s boom, when prices doubled amid inflation and crises. Today, stubborn price rises, Fed rate cuts, and global unrest like U.S.-China trade spats are fueling the fire.
Central banks snapped up 900 tonnes this year alone, per J.P. Morgan Research, adding rocket fuel to prices. Experts see more upside. Goldman Sachs predicts $3,700 by year-end and $4,000 by mid-2026, assuming steady buying.
Gold back over $4000.
Silver back over $50.
Stocks are tanking. Beautiful. pic.twitter.com/DOm5ygNUxF
— GoldSilver HQ (@GoldSilverHQ) October 10, 2025
“For investors, gold remains one of the most optimal hedges for stagflation, recession, debasement, and U.S. policy risks in 2025 and 2026,” noted Gregory Shearer, head of Base and Precious Metals Strategy at J.P. Morgan.
Even as some analysts warn of short-term dips—”Sell on rise” is the call from Times of India experts— the long view stays bullish.For buyers, it’s a win: Costco gold bars, once $2,000 in 2023, could now fetch double.
But is it time to jump in? eToro U.S. summed it up: “$4,000 seemed far-fetched at the year’s start. But after a 50% rally, here we are.” With uncertainty ahead, gold’s safe haven status shines brighter, reminding us why this timeless treasure never loses its appeal.
