Gold expected to soon cross unprecedented price level worldwide. The precious metal is showing strong momentum in 2025. Experts believe the rally is not over yet.
In the UAE, gold has jumped by Dh45 in the past four weeks. Prices rose nearly 10% this month alone. On Tuesday, 22-karat gold reached Dh422.50 per gram, while 24-karat touched Dh456.25. This was an increase of Dh8 compared to the previous day. Buyers in Dubai and across the UAE are now preparing for higher costs.
Globally, US gold futures surged above $3,800 per ounce. This marks the first time the price has crossed this level. Analysts say this is the best monthly gain for gold since 2020. Prices have already increased by almost 45% in 2025.
Gold expected to soon cross unprecedented price level also due to global market shifts. China’s central bank is moving to store sovereign reserves for allied nations. This step is strengthening China’s influence in bullion markets.
Investors are also turning to gold as a safe haven. Economic uncertainty, possible US interest rate cuts, and geopolitical tensions are boosting demand. Analysts call gold “the market’s anchor” during these uncertain times.
With strong demand and supportive global conditions, gold appears set to test fresh highs in the coming weeks. Traders are closely watching signals from the US Federal Reserve. Many believe the rally will continue if interest rates fall further.
