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Six reasons gold prices keep hitting record highs
The price of gold moved steadily higher throughout 2024, but in recent weeks it has surged. From approximately $2,657.60 per ounce at the beginning of 2025, the price of gold has now surpassed $3,400 an ounce. According to economists, there are at least six factors driving the price skyward.
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Commissions do not affect our editors' opinions or evaluations. The price of gold today, as of 9:12 am ET, was $3,290.60 per ounce. That’s down 1.92% from yesterday’s gold price of $3,354.90.
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