Why is gold up today?

[aysha9853]

there seems to be a huge economic uncertainty going around right now. some say it’s from tariffs, some say it’s from geopolitical tension but one thing’s for sure gold hitting new all time high is putting pressure on the dollar. people have resorted to gold because they consider it as a safe haven.

are you holding gold right now?

Yeah for real, it’s a whole mix—tariffs, geopolitics, vibes being off globally. When uncertainty spikes, people run to gold like it’s the OG safe haven. Gold ripping to ATHs usually means trust in the dollar is kinda shaky, so people hedge. Risk-off energy everywhere.

[summonerrk]

there seems to be a huge economic uncertainty going around right now. some say it’s from tariffs, some say it’s from geopolitical tension but one thing’s for sure gold hitting new all time high is putting pressure on the dollar. people have resorted to gold because they consider it as a safe haven.

are you holding gold right now?

In January 2024, gold was worth around $2000.
If we consider the current levels, the growth is 140%, and if we consider the ATH of $5600, then it's +175% in two years.
That is, it doesn't yet reach the bubble of the late seventies when gold rose by almost 300% in 16 months.
Fundamentally, demand is strong, and as a safe-haven asset, gold has no alternative. At the moment.
Therefore, I believe the growth will continue...
And we may see another all-time high in 2026, and many analysts predict this.
The situation with silver is a little more complicated – there is too much speculative capital, and sharp spikes in volatility have historically accompanied this asset.
Currently, traders quickly bought up the dip during the recent decline.
The bullish trend is still strong.
High volumes remain both in the spot market and in derivatives.
By the way, the Chinese New Year is still ahead.

[Doll2233]

there seems to be a huge economic uncertainty going around right now. some say it’s from tariffs, some say it’s from geopolitical tension but one thing’s for sure gold hitting new all time high is putting pressure on the dollar. people have resorted to gold because they consider it as a safe haven.

are you holding gold right now?

In January 2024, gold was worth around $2000.
If we consider the current levels, the growth is 140%, and if we consider the ATH of $5600, then it's +175% in two years.
That is, it doesn't yet reach the bubble of the late seventies when gold rose by almost 300% in 16 months.
Fundamentally, demand is strong, and as a safe-haven asset, gold has no alternative. At the moment.
Therefore, I believe the growth will continue...
And we may see another all-time high in 2026, and many analysts predict this.
The situation with silver is a little more complicated – there is too much speculative capital, and sharp spikes in volatility have historically accompanied this asset.
Currently, traders quickly bought up the dip during the recent decline.
The bullish trend is still strong.
High volumes remain both in the spot market and in derivatives.
By the way, the Chinese New Year is still ahead.

Gold will go more down and we will see high price decrease in a couple of days because investors made a huge amount of money and they are taking exit from the market and that is reason price is going down because there is no more trade on social level because poor person can't buy that and if person will Invest his money at that time he will not lose his money but he will get high profit in a long time . If you are a long term investor then that is best investment for you and if you are waiting for the more Price decrease which could be then you will get more profit in a long term because you will buy at low price. People should invest more as they can because that is metal which is limited on earth and global market is of trillions of dollars and people are buying and selling on daily basis

[Zanab247]

there seems to be a huge economic uncertainty going around right now. some say it’s from tariffs, some say it’s from geopolitical tension but one thing’s for sure gold hitting new all time high is putting pressure on the dollar. people have resorted to gold because they consider it as a safe haven.

are you holding gold right now?

No, I have sold all my Gold some years ago when I discovered BTC and other cryptocurrencies through this platform. And I don't think this current move of Gold price will not make me come back to Gold investment, because is not profitable as BTC, because if you can make up your mind to hodl BTC for long years before you can sell your BTC, it will make you to earn double profits from your investment.

I'm not trying to force you to add BTC investment to your Gold investment, because if you don't have the skills of BTC investment it will be hard for you to see what you are expecting from your BTC. I guess this current price of gold will not going to pass four months before the price will dump again to cause investors to continue hodling for another opportunity to come.

[Jateng]

there seems to be a huge economic uncertainty going around right now. some say it’s from tariffs, some say it’s from geopolitical tension but one thing’s for sure gold hitting new all time high is putting pressure on the dollar. people have resorted to gold because they consider it as a safe haven.

are you holding gold right now?

The price of gold goes up one step and then down the next. There are many reasons for this.The main reason for the increase in gold is politics and the threat of war. If other countries buy more gold the price of gold goes up and that is why people act wisely and save their money in the form of gold. thinking of buying gold myself because the way it is going up.It is wise to save it. The increase in the price of gold has had a significant impact on the US dollar.Because the increase in the price of gold reduces the value of the dollar but the dollar does not always suffer.

[mindrust]

Gold will go more down and we will see high price decrease in a couple of days because investors made a huge amount of money and they are taking exit from the market and that is reason price is going down because there is no more trade on social level because poor person can't buy that and if person will Invest his money at that time he will not lose his money but he will get high profit in a long time . If you are a long term investor then that is best investment for you and if you are waiting for the more Price decrease which could be then you will get more profit in a long term because you will buy at low price. People should invest more as they can because that is metal which is limited on earth and global market is of trillions of dollars and people are buying and selling on daily basis

How much lower do you think gold will go? Can you come up with a number? $3k maybe? Silver is taking a major beating but gold is taking it quite well. (xag is down 13% while gold is down 2.6% today) I don't think gold will go much down from here. There is still a chance that we see gold going lower but I don't think it is going below $4k. Silver can go back to $50 temporarily though. I think silver will be going way higher in a few years also.

Try to buy some physical silver, I'll give you a hint, they won't sell you an ounce for $76. It is close to ~$100 in where I live.

[DanWalker]

I guess this current price of gold will not going to pass four months before the price will dump again to cause investors to continue hodling for another opportunity to come.

What makes you believe that gold will fall in four months?

I think the opposite, I believe this year will still be the year of gold and metals. They will continue to grow and drain all liquidity from the financial markets. Risky assets like bitcoin and stocks will face even sharper declines this year. The reason is that geopolitical tensions are unlikely to ease this year, and as long as instability continues to affect the economy, safehaven assets will remain the top choice for investors.

[Minor Miner]

The price of gold goes up one step and then down the next. There are many reasons for this.The main reason for the increase in gold is politics and the threat of war. If other countries buy more gold the price of gold goes up and that is why people act wisely and save their money in the form of gold. thinking of buying gold myself because the way it is going up.It is wise to save it. The increase in the price of gold has had a significant impact on the US dollar.Because the increase in the price of gold reduces the value of the dollar but the dollar does not always suffer.

I also invest in gold but I bought it many years ago, and I believe gold will continue to rise this year. But I think investing in it at the present time is no longer ideal. Because price have risen so high, chasing an asset that has already increased significantly is not a wise investment strategy.

Instead, bitcoin has fallen by more than 50%. I think it is probably a better option than gold right now. But if you still want to buy gold to diversify your investment portfolio, you can try it with a small amount.

[DraculaBTC34]

there seems to be a huge economic uncertainty going around right now. some say it’s from tariffs, some say it’s from geopolitical tension but one thing’s for sure gold hitting new all time high is putting pressure on the dollar. people have resorted to gold because they consider it as a safe haven.

are you holding gold right now?

The price of gold goes up one step and then down the next. There are many reasons for this.The main reason for the increase in gold is politics and the threat of war. If other countries buy more gold the price of gold goes up and that is why people act wisely and save their money in the form of gold. thinking of buying gold myself because the way it is going up.It is wise to save it. The increase in the price of gold has had a significant impact on the US dollar.Because the increase in the price of gold reduces the value of the dollar but the dollar does not always suffer.

Personally, I believe that it is not a bad idea to keep gold in your pocket but it is more dangerous to keep all your money in the bank. Gold does not work to grow fast; it is to provide stability. And though its correlation with the dollar generally runs in the opposite direction, it is not an irreversible rule. Therefore, in case you wish to purchase, feel free to purchase without considering the hype, but considering your finances and objectives. The greatest safety is eventually diversification.