Economy

Nashaniva.com

23.12.2025 / 09:59

Gold exceeded $4500 per ounce for the first time in history

On the night of December 23, the exchange price of gold exceeded $4500 per troy ounce. At the peak of trading, the metal's price reached $4530.8 per ounce.

Osaka / Wayne Studio / Getty Images

Later, the metal dropped back to $4500.

Gold has been setting new record highs for 50 consecutive days, Bloomberg calculated. However, prices for the precious metal rose above the $4500 level for the first time in history.

It had only risen to $4400 per ounce last Friday.

Analysts suggest that gold may temporarily settle at this level. About a quarter of the demand for this precious metal is investment-driven, which means it could return to the market as supply.

Analysts at JP Morgan, Bank of America, and consulting firm Metals Focus now expect the price of bullion to reach $5000 per troy ounce in 2026.

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