In 2025, the gold market has been a focal point for investors and the financial world alike, with prices reaching unprecedented heights and experiencing significant volatility.
 
As of April 11, 2025, the international gold price has shown astonishing growth. Spot gold soared above $3200 per ounce, hitting a new all - time high. In the domestic market, the price of gold jewelry has also climbed to historic levels. For instance, the price of Chow Sang Sang's pure gold jewelry reached 991 yuan per gram, and Chow Tai Fook's was 990 yuan per gram.
 
Several factors contribute to this bull run in gold prices. Firstly, geopolitical tensions remain high. The complex geopolitical situations in regions like the Middle East and the continuous trade policy uncertainties under the Trump administration have increased market anxiety. The implementation of "reciprocal tariffs" by the US has made investors worry about the slowdown of the global economy, which in turn, drives them to seek safe - haven assets like gold.
 
Secondly, the monetary policy outlook also plays a role. With the expectation that the Federal Reserve will further ease monetary policy and the anticipation of interest rate cuts, the attractiveness of non - interest - bearing gold has increased. Lower interest rates reduce the opportunity cost of holding gold, making it more appealing to investors.
 
However, the gold price has not been on a one - way upward journey. There have been significant price corrections. On April 4 - 5, 2025, international gold prices experienced a two - day slump, with spot gold dropping by 3% on the evening of April 4. This short - term decline was mainly due to technical adjustments in the market after a long - term rally, and some investors took profits.shanghai male massage
 
Looking ahead, Goldman Sachs has raised its end - of - 2025 gold price forecast from $3100 to $3300 per ounce, and in extreme cases, the price may even break through $4200 per ounce. As the global economic and geopolitical landscapes remain uncertain, the gold market is likely to continue its volatile yet generally upward trend, attracting both seasoned investors and those new to the precious metal market to closely monitor its every move.