Gold price reaches $4,000 an ounce for the first time ever
CNBC4 days
Price of Gold Reaches All-Time High, Surpasses $4,000 an Ounce
Price of Gold Reaches All-Time High, NearsSurpasses $4,000 an Ounce
Above: An employee arranges gold bars at a precious metals refinery in Arezzo, Italy on May 6, 2025. Image copyright: Alessia Pierdomenico/Bloomberg/Getty Images
The Spin
These highs in gold prices are being driven by the significant anxiety in global markets. Investors are reacting to a myriad of factors causing uncertainty in the world economy, be it the U.S. government shutdown or the political developments in France and Japan.
It is highly unusual for both gold and stock prices to be up, suggesting there is a growing bubble waiting to burst. As soon as that happens, we can expect to see a course correction and a global recession.
These highs in gold prices are being driven by the significant anxiety in global markets. Investors are reacting to a myriad of factors causing uncertainty in the world economy, be it the U.S. government shutdown or the political developments in France and Japan.
It is highly unusual for both gold and stock prices to be up, suggesting there is a growing bubble waiting to burst. As soon as that happens, we can expect to see a course correction and a global recession.
Metaculus Prediction
There's a 40% chance of recession in the U.S. in 2025, according to the Metaculus prediction community.
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© 2025 Improve the News Foundation. All rights reserved.Version 6.17.0
© 2025 Improve the News Foundation.
All rights reserved.
Version 6.17.0