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Gold tops $3,000 for the first time ever – Is $4,000 next? [Video]

It's official: Google searches for the phrase “How To Trade Gold” are surging once again! 

This comes as no surprise, considering the current macroeconomic backdrop is fuelling a perfect storm for Gold – firmly positioning the yellow metal as the world’s Number One “Trump Trade” of 2025. 

At the beginning of the year, analysts at GSC Commodity Intelligence dubbed 2025 “The Year of Gold” – And now we're starting to see why! 

Fast forward to the present day and it's fair to say that Gold is not just having a great start to the year. But in fact, the world's favourite precious metal is having one of its best starts to the year ever in history. 

Since President Trump's inauguration in January – Gold prices have been on a parabolic run – climbed more than $300 within the President’s first 50 days back in office to score new all-time record highs – not once, not twice, but on 15 separate occasions, so far in 2025. 

Yes, you read that correctly. 

Gold has set new all-time record highs 15 times, within the last 50 days alone. 

Gold has outperformed every other major asset class since President Trump's inauguration including Wall Street’s benchmark S&P 500, the Magnificent Seven Stocks and Bitcoin, which have all now entered into correction territory. 

To quote analysts at GSC Commodity Intelligence – “Capital rotation from high risk assets to Gold is gaining unstoppable momentum in a big way, which cannot be underplayed. This is guaranteed to provide rocket fuel for Gold’s bull market for years to come”. 

Last week, Gold prices skyrocketing to a new all-time record high of $3,005 an ounce – surpassing the precious metals previous all-time high of $2,989 an ounce reached only a day earlier. 

The yellow metal is now up 14% since the beginning of this year. But even more remarkably, Gold prices have now chalked up a whopping gain of more than 50% from this time a year ago. 

Gold's record-breaking run, since President Trump's inauguration has been nothing short of impressive. Never before in history have we seen the precious metal score multiple all-time record highs in such a short space of time. 

As Gold prices continue their unstoppable run higher, scaling new all-time record highs for a sixth consecutive quarter in a row – analysts at GSC Commodity Intelligence are convinced that this is just the beginning of a “new historic Supercycle for Gold”. 

The big question now is: How High Will Gold Prices Go This Year? 

Only time will tell, however one thing we do know for certain is that the stars appear to be aligning for Gold, which ultimately suggests it won't take much for prices to break new record highs in the coming weeks, if not days ahead! 

Where are prices heading next? Watch The Commodity Report now, for my latest price forecasts and predictions:

Author

Phil Carr

Phil Carr

The Gold & Silver Club

Phil is the co-founder and Head of Trading at The Gold & Silver Club, an international Commodities Trading Firm specializing in Metals, Energies and Soft Commodities.

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