Gold prices have surged to a new all-time high of $4,098 per ounce, according to the latest data from GoldPrice.org, extending a powerful rally driven by global economic uncertainty and investor rotation into hard assets.
Traders also pointed to rising central bank demand, particularly from China and India, as a key driver of sustained upward momentum. With global debt concerns intensifying and inflation expectations stabilizing, analysts say gold is once again asserting its role as the world’s premier store of value.
This marks the first time gold has crossed the $4,090 threshold, signaling potential continuation toward higher resistance levels as safe-haven demand deepens. Analysts warn that while profit-taking may occur in the near term, macro conditions and geopolitical stressors remain strongly supportive for bullion’s long-term trajectory.