Gold Shatters $5,000 Barrier in Historic Safe-Haven Rally Amid Debt and Geopolitical Fears
Gold prices surged past $5,093 per ounce Sunday, marking the first breach of the $5,000 threshold as investors flocked to the metal amid mounting concerns over government debt, currency debasement, and geopolitical instability. The 60% rally throughout 2025 reflects a fundamental shift in risk perception, with central banks accelerating purchases and capital fleeing traditional assets.
Robin Brooks, senior fellow at Brookings Institution, described the MOVE as 'breathtaking and profoundly scary' in a Substack post. The rally coincides with escalating trade tensions—former President Trump's threat of 100% tariffs on Canada if it strikes a deal with China injected fresh volatility into markets.
Geopolitical friction, including U.S.-NATO disputes over Greenland, further fueled demand for havens. The momentum shows no signs of slowing, with prices settling near $5,070—a level that WOULD have been unthinkable two years ago.
