KATHMANDU: The price of gold has surged to an all-time high of $3,357.40 per ounce in the international market, marking a dramatic rise of nearly one-third since the beginning of 2025.
According to the BBC, the latest surge was triggered by remarks from Federal Reserve Chair Jerome Powell, who warned that the tariff policies introduced by President Donald Trump could slow U.S. economic growth, raise prices, and increase unemployment.
Powell made these comments during a speech at the Economic Club of Chicago, prompting a wave of investor anxiety.
As economic uncertainties mount, investors have once again turned to gold as a safe-haven asset, driving its price upward. Market analysts say concerns over inflation, global trade instability, and potential rate cuts have also contributed to the rush toward gold.
The recent spike in gold prices reflects a broader trend of cautious optimism among investors seeking security in precious metals amid mounting geopolitical and economic tensions.
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