Gold prices have reached unprecedented levels, driven by global economic instability, including the US budget crisis and Japan’s shift toward looser monetary policy. With traditional safe havens like US bonds and the yen losing appeal, investors are turning to gold for its reliability and long-term value.

Analysts, including Robert Halver of Baader Bank, highlight gold’s resilience amid inflation and rising debt. Central banks—especially in emerging markets—are increasing their gold reserves, fueling further demand. Forecasts suggest prices could climb to $5,000 per ounce by the end of 2026, reinforcing gold’s role as a key financial refuge.

 

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.