Gold prices soar to new records as horrible investors look for safe shelter from the plunge market

Markets around the world continue to sink into fear about President Donald Trump’s protectionist trade policy, investors continue to plow gold into gold, and futures reached another record on Monday.

Trump’s latest tariffs roll out Wednesday, and Trump calls it “liberation day.”

Interest in buying money in times of uncertainty can rise sharply as uncertain investors seek safe shelters for their money. Gold prices have skyrocketed as Trump’s tariff policies launched a shaky international trade war with financial markets threatening to rekindle inflation as well as families and businesses.

As the trend continues, analysts say gold prices could continue to rise in the coming months. However, precious metals are also unstable assets, so the future is never promised.

Here’s what you need to know.

What is the price of gold today?

On Monday, the price reached for Spot Gold in New York reached a record record of $3,122.80 per troy ounce. This is the standard for measuring precious metals equivalent to 31 grams. That’s about $886 or 40% more expensive than a year ago.

Spot Gold prices have risen 19% since its launch in 2025, according to data company FactSet. In contrast, the stock market has fallen. The benchmark S&P 500 has fallen 4.5% this year as even blue chip stocks are declining.

Gold Futures also hit a record in Monday’s trading, reaching nearly $3,157.40 per ounce.

Why does gold prices go up?

Much of this is summarised in uncertainty.Interest in purchasing goldIt usually spikes when investors feel uneasy. And there has been a lot of economic disruption over the last few months.

The heaviest uncertainty lies in the escalation of TrumpTrade wars. The president’s new tax announcements and retaliatory tariffs addressed from some of the country’s closest traditional allies have created a sense of whiplash for both businesses and consumers.

I’ve started to feel confidentSlide at the beginning of this yearBoth US households and businesses are due to fear of inflation and tariffs. These concerns appear to be getting worse as American consumer trust has been eroded for months.

Last year, analysts also pointed out strong demand for money.From the central bankInside the worldGeopolitical tensionincluding the wars in Gaza and Ukraine.

Is gold worth an investment?

Advocates of investing in gold call it a “safe shelter.” It claims that products help diversify and balance your investment portfolio, mitigate potential risks. Others also find it more comfortable to buy specifics that can increase value over time.

Still, experts should note that all the eggs are put in one basket. And not everyone agrees that gold is a good investment. Critics say gold is not the inflation hedge that many have always said — and say there are more efficient ways to protect against potential losses in capital, such as derivative-based investments.

The Commodity Futures Trade Commission has previously warned people to be vigilant about investing in gold. precious metalsVery volatilethe committee means that prices rise as demand rises, and “when economic anxiety and instability is high, the sellers are usually those who benefit from precious metals.”

If you choose to invest in gold, the committee adds, it is important to educate yourself on safe trading practices and beware of potential fraud and counterfeiting in the market.

This story was originally introduced Fortune.com