Felipe Goncalves

1 month ago | econofact.org | Michael Klein |Felipe Goncalves |Elisa Jácome

· EconoFact and The Fletcher School, Tufts University The price of gold has jumped over 40 percent since the end of 2023, reaching $3,000 per ounce in mid-March 2025. This leap cannot be explained by a sudden increase in the demand for gold as jewelry or for its use in industrial production. Rather, it reflects the shifting demand for the yellow metal as a financial asset.