Editor’s Note
Gold prices have surged to unprecedented levels this year, with analysts forecasting further gains. This article examines the drivers behind the rally and what it signals for investors.

The price of gold shattered all records in September. At the time of writing, the yellow metal was exceeding $3,856 per ounce (over €3,286) and had accumulated a gain of nearly 44% in nine months. However, it does not seem to have peaked yet, and experts predict it will close the year at $4,000 per ounce (about €3,400), which would represent a further 3.7% appreciation from current levels.
Investing in commodities, especially gold, is common during times of economic and geopolitical uncertainty. Therefore, this bullish rally is the best reflection that investors are flocking to safe-haven assets this year to protect their portfolios from potential fluctuations. Looking at the trajectory the precious metal has followed in 2025, which continues from 2024, there may be some interest in investing in gold throughout October to take advantage of the next upswings and buy in before it becomes more expensive. Those wondering how to invest in this asset should know they can buy physical gold, whether in bars, jewelry, ounces, or coins made of this material, or they can invest in gold ETFs, which may be a more practical option.


