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Amid the ongoing geopolitical tension and market uncertainty, the gold price has reached $3,000, setting a new all-time high amid what has been a record-breaking 2025. Indeed, the asset reached a landmark price of $2,980 early Thursday and has only continued to climb. Now, it has surged in value higher than any point in history.
The increase marks the third consecutive day that the yellow metal has increased in price. Moreover, the asset has gained in each of the first three months of the new year, with 2025 proving to be one of the biggest years that gold has ever had. With so much uncertainty abounding the market, it may be poised to continue gaining this year.
Also Read: Gold Nearing $3,000: Becomes Top Performing Asset in 2025
Gold Sets New All-Time High as It Keeps Climbing in 2025
Since the start of 2025, the finance sector has been embroiled in increased uncertainty. Although the cryptocurrency market is expected to turn around, prices have been stagnant. Bitcoin is far from the six-figure mark it set earlier this year. Moreover, the stock market is still recovering from its worst day in four years.
However, that uncertainty has propelled the value of one asset in particular. Indeed, Gold has seen its price reach the $3,000 mark, setting a new all-time high as it continues to enjoy a record-breaking 2025.
Also Read: Gold Remains Well Supported as Central Banks Continue To Buy
The United States has embraced an increasingly aggressive economic policy since the inauguration of President Donald Trump. In an effort to balance trade, the action has thrown global finance into a period of increased concern. Per usual, that has only benefitted the safe haven asset that gold has become.
The question is, how high will Goold increase in the coming weeks? A recent report suggests that $3,000 won’t be the end of its surge. Indeed, Fibonacci projects say that the metal will target $3,254 next. Moreover, its ceiling is likely at the $3,6000 mark.
However, there are still present risks. The downside lies in the weekly low of $2,832. If things remain unchanged as far as tariffs and import taxes are concerned, the asset should be set to avoid any further drops. Yet, predictability has not been a defining characteristic of the year so far.
