Gold Reaches New Heights
Despite various investment options in 2025, gold, one of the oldest investment vehicles, is reaching record prices.
Northeastern University economist Bob Triest notes that gold is a classic safe-haven asset.
Gold is a classic safe-haven asset. The main link to the economy is that the runup of the price of gold reflects the increase in economic uncertainty.
- Trade policy uncertainty, including tariff rates
- Geopolitical risks
- Exchange rate uncertainty among currencies
These factors contribute to economic uncertainty, influencing the rise in gold prices, according to Triest.
Author's summary: Gold prices soar due to economic uncertainty.