Gold Smashes Records at $5,300 an Ounce, Market Cap Crosses $35 Trillion
Gold has reached a historic milestone after climbing above $5,300 per ounce, marking a new all-time high. The surge was recorded around 1:35 PM Pakistan time, setting off fresh discussions across global financial markets. Along with the price jump, gold’s total market capitalization has now exceeded $35 trillion, reinforcing its position as the world’s most trusted store of value.
This powerful rally comes during the first year of US President Donald Trump’s return to the Oval Office, a period marked by geopolitical uncertainty and shifting economic policies. Investors worldwide are increasingly turning to gold as confidence in traditional assets remains shaky.
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Why Gold Prices Are Surging
Several global factors are pushing gold higher. Rising US–China tensions, aggressive central bank gold purchases, and persistent inflation fears are driving demand. Unlike the US dollar—which recently rebounded from its weakest level since February 2022—gold appears largely unaffected by currency swings.
Major financial institutions are also backing the trend. Goldman Sachs has raised its gold price forecast to $5,400 per ounce, citing a broadening investor base and sustained institutional demand. On social platform X, some analysts even predict gold could touch $6,000 per ounce by the end of 2026.
Key Gold Market Highlights
| Indicator | Latest Update |
|---|---|
| Gold Price | $5,300+ per ounce |
| Market Capitalization | Over $35 trillion |
| Goldman Sachs Forecast | $5,400 per ounce |
| Long-Term Expectations | $6,000 by 2026 (speculative) |
Benefits of Investing in Gold
- Safe-haven asset during political and economic uncertainty
- Strong hedge against inflation and currency devaluation
- High liquidity across global markets
- Central bank support, boosting long-term confidence
Impact on Local Markets
The global rally has also influenced regional prices. In Pakistan, gold rates recently moved closer to Rs. 6 lakh per tola, following one of the highest single-day increases ever recorded.
Conclusion
Gold’s rise above $5,300 per ounce is more than a price milestone—it reflects deep-rooted concerns about global stability and future economic growth. With strong institutional backing, rising demand, and ongoing geopolitical risks, gold continues to shine as a cornerstone asset. If current trends hold, the precious metal may be entering a new era of long-term strength rather than a short-lived spike.
