Gold just reminded the world why it’s still the ultimate safe haven. Despite ongoing trade drama and a surprisingly quiet U.S. Federal Reserve, gold soared to all-time weekend highs — and it’s not just a U.S. story. This rally is making waves in Dollars, Euros, and Pounds alike.
🔥 Key Highlights from the Gold Rush:
✨ Record Weekly Close: Gold wrapped up the week near $3330 per ounce in London, marking a record-high weekend close. That’s a 2.5% jump from last week — even with a $100 dip from Tuesday’s near-peak.
📉 Fed Holds Steady: The U.S. Federal Reserve kept interest rates unchanged at 4.33% for the fifth month straight. In normal times, this would dominate headlines. But not now.
💬 Trump’s Trade Tweets Stir Markets: Fresh off a UK trade deal, President Trump teased more agreements in the pipeline. That’s sent traders — and gold — into hyperdrive, overshadowing central bank decisions.
📊 Trade Talk Trumps Everything: Analysts say gold is dancing to the tune of global trade headlines more than anything else. The usual suspects like Fed moves, geopolitics, and economic data? Barely registering.
🌐 China’s Gold Game: As the top gold consumer, China is tweaking import rules to cool its currency rally and support gold inflows. Meanwhile, Chinese households are going gold-crazy — even borrowing to invest.
📈 ETF Mania: Global gold ETFs hit a jaw-dropping $345 billion in assets. That’s a surge in gold-backed demand not seen since 2023.
💥 Silver Shines Too: Silver bounced back to $32.60 per ounce, now up 11.9% in 2025. In contrast, U.S. stocks are down 3.7% this year.
🪙 What This Means for Gold Lovers Worldwide
This isn’t just about price — it’s about gold proving (again) that it’s the global go-to when uncertainty looms. Trade war flare-ups, central bank shifts, or political tweets — gold doesn’t just survive, it thrives.
🟡 The Takeaway:
If there was ever a time to celebrate gold’s resilience and global appeal, it’s now. As the world navigates economic roller coasters and policy curveballs, gold remains the one constant in a sea of volatility.