Currently, the global economic situation is turbulent, and an increasing number of investors are re-evaluating the safe-haven value of gold. As 2024 enters its final stage, gold prices have risen from around $2000 per ounce at the beginning of the year to $2600 per ounce, an increase of up to 30%. What deep market logic is behind this surge? And what potential trends for gold prices in 2025 does it indicate?
Gold Price Performance in 2024
As of December 5th, gold has increased by a total of 27.56% since the beginning of the year. This means that if an investor invested $100,000 in gold at the start of 2024, their current holdings would be worth $127,560. Such a rise is uncommon among traditional assets and reflects deep market concerns about risk.
From a historical perspective, this performance of gold is no coincidence. From $270 per ounce in 2000 to today’s $2638 per ounce