Gold price cracks record: over $ 3200 - that is behind it!

Gold price cracks record: over $ 3200 - that is behind it!

On April 11, 2025, the gold price again exceeds the $ 3200 per troy ounce and reaches a record high of $ 3219.84, which corresponds to around 2905.5 euros. This increase of 1.4 percent is the result of the drop in the US currency and a massive sale in US shares and bonds. According to Krone , the market environment for gold has changed dramatically after a short -term weakness in the gold market has been overcome.

A week ago, a record high of almost $ 3168 was reached. Nevertheless, the gold price temporarily fell to almost $ 2950, ​​which is due to profit. This volatility shows that gold, as a safe harbor, becomes more and more in demand in turbulent times. In particular, investors are looking for stability in precious metals for the latest unrest on the financial markets.

gold: a fascinating precious metal

gold is a precious metal that has been valued for thousands of years. Already in antiquity, as with the Egyptians around 2000 BC. BC or the Romans, the 50 BC. BC introduced gold coins, it was considered valuable. It is a material that has very high density and does not weather against air, moisture and most solvents. For this reason, gold is not only used as a currency reserve, but also in the form of gold bars or gold coins as an international means of payment.

It is particularly interesting that many central banks keep gold as part of their currency reserves, although the physical gold reserves no longer cover the currencies. According to the current assessments, the central banks together have around 30,750 tons of gold, which corresponds to almost 19% of the global gold quantity. With around 8,133 tons, the United States holds the highest reserves, followed by Germany with 3,417 tons and the international monetary fund with 3,217 tons. These statistics illustrate the important role that gold occupies in the global financial system.

Current market developments

The current gold price is $ 3,209.25 per ounce, but the price is extremely volatile and is subject to various external influences. These include the global amounts of funding, the oil price and the course of the US dollar. Gold is also considered to be covered against wealth in times of inflation or geopolitical conflicts, which further consolidates its status as a safe haven.

The international trading places for gold are primarily London, Zurich, New York and Hong Kong, where the gold spot is found twice a day at the London Bullion Market. In view of the current market conditions and the increasing uncertainties, the demand for gold is more present as a form of investment than ever because investors want to protect themselves from impending crises.