Gold prices have surged to historic highs in 2025, surpassing $3,500 per ounce, a milestone that defies conventional market trends.
Traditionally, gold performs inversely to interest rates, rising when rates fall, but the precious metal continues to rally even as major central banks, particularly the U.S. Federal Reserve, have yet to implement rate cuts this year.
According to financial experts speaking at the Comercio Partners H2 Economic Outlook Forum in Lagos, the ongoing gold rally stems from geopolitical tension, robust central bank purchases, and inflationary concerns, underscoring gold’s enduring appeal as a safe-haven asset.