Story perspectives
Gold Prices Soar as Nations Shift from Dollar
6/18/2025
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Story summary
- Gold prices have risen sharply amid geopolitical tensions and waning confidence in U.S. assets, with gold ETFs up 27% in 2025.
- Central banks purchased over 1,000 tonnes of gold in 2024, indicating a move away from the U.S. dollar.
- The ECB noted that gold now makes up 20% of global reserves, highlighting its increasing appeal during U.S. fiscal instability.
- Nations are boosting gold reserves due to concerns over U.S. debt and sanctions, viewing gold as a safer investment.
