Gold Price Reaches New Record High on Easter Monday
On Easter Monday, April 21, 2025, the gold price rose by over 2% and reached a record high of about $3,400 per ounce. This increase is primarily driven by growing uncertainty in the financial markets and a weakening U.S. dollar.
Reasons for the Increase in Gold Prices
- Market Uncertainty: The global economic and geopolitical situation is causing nervousness among investors. Concerns about an escalation of the trade war between the U.S. and China are driving investors into safe havens like gold. Earlier in April, the announcement of high U.S. tariffs on imported vehicles led to similar effects, heightening fears of a worsening trade conflict.
- Weak U.S. Dollar: The dollar is at a three-year low, making gold a cheaper asset denominated in dollars, thus boosting demand.
- Declining Stock Prices: Falling prices in the stock markets are intensifying capital flows into the precious metal as a hedge against risks.
Outlook
Analysts see further upward potential for the gold price. Important levels are around $3,400 to $3,500 per ounce; surpassing these values could trigger additional gains in the short term. The trend is expected to continue at least until July 2025, supported by volatile markets and geopolitical tensions.
In summary, the sharp increase in the gold price on Easter Monday reflects a combination of rising market uncertainty and a weak U.S. dollar—factors that private investors should closely monitor to adjust their investment decisions accordingly.