Gold price cracks a record of $ 3200 - investors flock to the safe harbor!

Gold price cracks a record of $ 3200 - investors flock to the safe harbor!

gold has reached an important milestone: on April 11, 2025, the gold price for the first time exceeded the $ 3,200 per troy ounce. According to Krone the price increased by 1.4 percent and reached a record high of $ 3219.84 (2905.5 euros). This increase is primarily driven by the drop in the price of the US currency and a massive sale of US shares and bonds.

The gold price had already reached a high of almost $ 3,168 a week earlier. However, the price in the meantime fell to almost $ 2950, which was largely due to profit. The decline now seems to have been overcome because gold is again asked as a safe port in times of financial turbulence.

gold as a safe harbor

The increased demand for gold reflects general uncertainty on the financial markets. Investors traditionally consider gold to protect against wealth, especially in times of inflation or geopolitical tensions. According to finanzen.net gold is a precious metal that occurs in alloys and is of crucial importance due to its high density and resistance to external influences.

The jewelry industry represents the largest processing industry of gold with 75 percent. Central banks also appreciate the value of the precious metal and use it as a currency reserve, although gold reserves no longer cover the currencies of the states.

worldwide gold reserves and funding

The main producer of gold is South Africa, which is 16 percent of the global market. The global gold stocks are currently more high than ever before. With around 8,133 tons, the United States holds the highest gold reserves, followed by Germany with 3,417 tons and the international monetary fund, which has 3,217 tons. In total, the central banks hold around 30,750 tons of gold, which is almost 19 percent of the global amount of gold.

gold has excellent properties that go beyond mere financial value; It is also used in the electrical industry and dental technology. Today gold is considered a safe investment and can be invested both physically and through securities. The physical purchase of gold is possible from banks and through dealers.

With the current gold price of $ 3,209.25 per ounce, it becomes clear how closely the developments in the financial markets are linked to the demand for gold. Investors should observe further developments closely, since the gold price depends heavily on supply and demand as well as the global influencing factors such as the oil price and the course of the US dollar.