Gold has broken through US$2900 per ounce, propelled by mounting fears of an escalating trade war and rising economic uncertainty. With investors seeking safety in hard assets, gold’s role as a financial anchor is once again front and center.
Recent analysis from Goldman Sachs suggests that sustained geopolitical instability could push gold even higher, while Bloomberg and Reuters report that central banks and institutional investors are accelerating their bullion purchases as a hedge against volatility.
Our Rush CEO Jodi Stanton, commented:
“Gold isn’t just rising—it’s screaming. Investors aren’t buying it because they think it’s undervalued; they’re buying it because they don’t trust the system. When confidence cracks, gold shines at its brightest.”
The sharp price movement underscores a broader shift in how investors view risk. For years, markets have operated on the assumption that central banks and governments have things under control. That confidence has been under pressure.
“This isn’t just another price spike,” Jodi added. “It’s a stress signal. Gold has always been a cornerstone of a smart portfolio, but right now—despite a 40%+ surge in the last year driven by uncertainty—investors are buying as if the first rain drops have just fallen and the real storm is still ahead.”
With the market watching closely, the question is whether policymakers can restore confidence—or if gold is just getting started.
For media inquiries, contact:
Sybil Williams
sybil.williams@rush.sqzstage.com