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.

[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?

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.

Start of Feb is bad for the gold investors because the people who invested at peak level they are in loss because gold dropped And that is record making drop because we didn't see that kind of drop in the past. Small investors are losing their money if they invested for a short term to gain some profit. People are getting profit who invested at a right time and if any person has money then he should invest in gold at that time because now gold will go up and will break all  the records. Gold investment was safe in all time but governments are Investing more money in that due to dollar domination And we will see high price increase in next months. The people who sell at high price they will buy at that time to sell at handsome profit which is not bad.

[Adiljutt156]

Start of Feb is bad for the gold investors because the people who invested at peak level they are in loss because gold dropped And that is record making drop because we didn't see that kind of drop in the past. Small investors are losing their money if they invested for a short term to gain some profit. People are getting profit who invested at a right time and if any person has money then he should invest in gold at that time because now gold will go up and will break all  the records. Gold investment was safe in all time but governments are Investing more money in that due to dollar domination And we will see high price increase in next months. The people who sell at high price they will buy at that time to sell at handsome profit which is not bad.

Gold is a brilliant investment from the ancient time when we didn't know the idea of currency And people were exchange in the things by use of gold because they know that is safe and gradually trend were different and we saw change in the behavior of people and governments took hold of the state and they thought they will make their own currency And people will exchange paper which is given by a government and people gave gold to people with exchange of paper currency and still paper currency has no worth and gold is good investment and it could go down in a day but in a year you will be in good profit and it will beat inflation which is main purpose of investment.

[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?

The gold price has been rising for 7 months in a row, the longest streak of growth in history. That's already a very long time, and it's comparable to how long bitcoin's decline has been going on, which is 5 months. I think that all this correlates in the sense that peace is disappearing in the world and investors are trying to hide in gold as an asset. And Bitcoin is now seen solely as a high-risk asset that must be dumped at the slightest sign of instability.

[Easteregg69]

Day price is based on 5000 ounce purchase.

Saying in case you can't get it cheaper.

Contract stuff. Goes for silver. Anyways.

[Minor Miner]

Gold is a brilliant investment from the ancient time when we didn't know the idea of currency And people were exchange in the things by use of gold because they know that is safe and gradually trend were different and we saw change in the behavior of people and governments took hold of the state and they thought they will make their own currency And people will exchange paper which is given by a government and people gave gold to people with exchange of paper currency and still paper currency has no worth and gold is good investment and it could go down in a day but in a year you will be in good profit and it will beat inflation which is main purpose of investment.

Gold is an excellent inflation hedge, this has been proven and is beyond dispute. However, I do not think it is a good investment in the short and medium term, and you will not be able to reap significant profits after just one year of holding it. Because gold is inherently known as a defensive asset and is more focused on preserving value than on generating rapid growth.

The price of gold has nearly doubled in the past year, but it is worth noting that this is a very rare phenomenon. Therefore, it is not a bad investment, but if your main goal is profit rather than stability. It may not be the right choice for you.

[imthegreat]

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 gold price has been rising for 7 months in a row, the longest streak of growth in history. That's already a very long time, and it's comparable to how long bitcoin's decline has been going on, which is 5 months. I think that all this correlates in the sense that peace is disappearing in the world and investors are trying to hide in gold as an asset. And Bitcoin is now seen solely as a high-risk asset that must be dumped at the slightest sign of instability.

I read that once upon a time, Bitcoin correlated with gold, and this was proof that it was perceived as an asset in which to hide when the dollar was weak or stocks were unstable. But unfortunately, I also often see that lately Bitcoin has become exactly the asset that investors are trying to get rid of in the first place, and keep stocks, even if they reduce them in their portfolio. All this looks like a mistake, because everyone knows that Bitcoin is now undervalued, and its price is excellent, unlike the same gold, which many traders continue to buy, not realizing that they are entering the asset at the peak of the price...

[Uhwuchukwu53]

I stand to be corrected, in my opinion, the war and tariff hike by US government could actually be the cost many are looking forward to gold more as some may not find more trust in USD mostly some investor because of the impact of the tariff, even the drop close to 10% in USD could be as the results of the demand gold increase in the investor wing. Gold is good the price drop in gold is not as speed of fiat and others financial assets during inflation, the gold is really good in wagging Inflation.

[hyudien]

I stand to be corrected, in my opinion, the war and tariff hike by US government could actually be the cost many are looking forward to gold more as some may not find more trust in USD mostly some investor because of the impact of the tariff, even the drop close to 10% in USD could be as the results of the demand gold increase in the investor wing. Gold is good the price drop in gold is not as speed of fiat and others financial assets during inflation, the gold is really good in wagging Inflation.

Yes, that's one of the reasons, and a small addition. As far as I recall, since 2022, or more precisely, since Russia's tensions with Ukraine, gold prices have begun to strengthen, driven by central banks increasing their gold reserves. According to the data, central banks purchase over 1,000 tons of gold annually. This is also followed by several countries and individual investors. I admit that gold remains a mainstay in increasing and/or protecting our wealth from the decline of fiat currencies.

[qurbanshah02]

I stand to be corrected, in my opinion, the war and tariff hike by US government could actually be the cost many are looking forward to gold more as some may not find more trust in USD mostly some investor because of the impact of the tariff, even the drop close to 10% in USD could be as the results of the demand gold increase in the investor wing. Gold is good the price drop in gold is not as speed of fiat and others financial assets during inflation, the gold is really good in wagging Inflation.

Whenever the price of gold goes up, America and China are behind it because there is a big fight between them and when America imposes tariffs, China shows America how much gold it buys, while China does not accept crypto. Although the price of gold had increased a lot even after the tariffs were imposed in the past and China took advantage of it. At that time, the price of gold has also decreased due to the war, but it is a matter of a few days that the price of gold will go up to the sky. USD is no longer believed in because crypto has come and because of this, there is no attention on the price of USD and now it does not give much benefit, that is why people are keeping an eye on gold and crypto. That is why people prefer gold a lot and it is real in our world, that is why it is believed in.

[puloweh555]

I stand to be corrected, in my opinion, the war and tariff hike by US government could actually be the cost many are looking forward to gold more as some may not find more trust in USD mostly some investor because of the impact of the tariff, even the drop close to 10% in USD could be as the results of the demand gold increase in the investor wing. Gold is good the price drop in gold is not as speed of fiat and others financial assets during inflation, the gold is really good in wagging Inflation.

Essentially, gold's rise is due to global economic uncertainty. Moreover, in recent days the war between Iran, the US and Israel has caused uncertainty in almost all assets, but gold is quietly reclaiming its ATH. It could be said that in an increasingly uncertain world, gold can always be a trusted friend.

Gold is a worthy investment instrument to collect alongside Bitcoin. It's safe, low-risk, and its price rises even during times of global turmoil. Furthermore, with wars like this, there will undoubtedly be more global economic uncertainty in the future and gold is the world's oldest safe haven. So, I think this is also the reason gold tends to rise currently, as it is considered a safe haven. Besides as you said, gold can protect against inflation and is not dependent on governments.

[suhadi88]

Essentially, gold's rise is due to global economic uncertainty. Moreover, in recent days the war between Iran, the US and Israel has caused uncertainty in almost all assets, but gold is quietly reclaiming its ATH. It could be said that in an increasingly uncertain world, gold can always be a trusted friend.

Gold is a worthy investment instrument to collect alongside Bitcoin. It's safe, low-risk, and its price rises even during times of global turmoil. Furthermore, with wars like this, there will undoubtedly be more global economic uncertainty in the future and gold is the world's oldest safe haven. So, I think this is also the reason gold tends to rise currently, as it is considered a safe haven. Besides as you said, gold can protect against inflation and is not dependent on governments.

I think this is an asset that never loses its trust over time. but whatever it is, BTC also has a similar taste, but the digital version is gold. Of course, in the midst of turbulent geopolitical conditions, some are in safe mode and don't want to get too involved in highly volatile instruments like BTC, but if the price suddenly rises and soars, it is not impossible that the shift in concentration will move to BTC.