The price of gold is skyrocketing on the market, surpassing even the cryptocurrency Bitcoin! It has gone over $125 per gram, and it is expected that…
- Korca Boom
- Oct 8
- 1 min read
The price of gold shows no limits and is currently surpassing even the cryptocurrency Bitcoin.
For the first time, the market recorded a price of $4,000 per ounce (one ounce is about 29 grams of gold), or over $125 per gram.
Gold reached a new record level on Tuesday, while futures contracts exceeded $4,000 per ounce for the first time (prices fluctuate daily and hourly).
Global market volatility and rising geopolitical concerns are pushing investors toward safer havens.
Gold prices have increased by more than 50% this year, while U.S. President Donald Trump has disrupted the global trading system and questioned the independence of the Federal Reserve.
The upward trajectory of the precious metal is driven by strong purchases from central banks as well as private investors, who are increasing their positions amid concerns over global growth and inflation.
Goldman Sachs, long bullish on gold, stated there is room for the precious metal to rise even higher than previously forecasted, highlighting strong retail investor interest.
Surprisingly strong inflows into bullion-backed ETFs have exceeded expectations, analysts said, including Dan Striven in a recent research note.
The ability of retail investors to significantly diversify their gold holdings presents a “substantial upside risk” to its $4,000 per ounce forecast by mid-2026 and $4,300 per ounce by the end of next year.
As Bloomberg reports, the bank recently noted that gold could approach $5,000 per ounce if just 1% of the U.S. private treasury market flows into it.
“KORÇA BOOM”



















