Why the Price of Gold increased in 2025

In 2025 the prices of gold and silver rose fast and reached new records. Because of this, many banks and trading firms hired more staff, and expanded their trading so they can earn more money from gold/silver related trading and services. These price increases occurred due to macroeconomic and geopolitical reasons.

See the attached image (source : LSEG).

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By the way, the analysis has been compiled using the sources below , along with some extra comments I have added. These sources below, such as the Financial Times, Bloomberg, Wall Street Journal, the Economist etc, all request you to subscribe to read their articles. I am subscribed to all of them, and so there is no need for you to subscribe also because I am bringing you the most interesting articles on energy-economics and energy - finance, including my own comments and all re-written in simple beginner-friendly accessible language. Also, they all come with my support which means if you have any questions regarding the content of these reports, you can message me!

Sources:

[1]: Financial Times: https://www.ft.com/content/ae214919-1617-48fa-8f0d-7734f5c98e72

[2]: Bloomberg: https://www.bloomberg.com/news/articles/2025-10-26/gold-trader-hiring-spree-drives-up-pay-as-bullion-market-booms?

[3]: Wall Street Journal: https://www.wsj.com/finance/commodities-futures/a-new-wall-street-trade-is-powering-gold-and-hitting-currencies-62a61fdb?gaa_at=eafs&gaa_n=AWEtsqfhN3SK_q3Urvm-i_8Nsla_Bl-lOBBSs2p5R1c6uzTNsebYGJ6F2n3l&gaa_sig=epeZAbrguUmRTBAsQ6PG28zNhMYLR3-vgNVT9IHepcRc-paBb2Ak99AzgGzLTcSnpEzcy-fKftw4N_pIZOfDuA%3D%3D&gaa_ts=69515e33&

[4]: The Economist: https://www.economist.com/china/2025/10/23/why-hong-kong-is-going-for-gold?

[5]: LSEG: https://www.lseg.com/en

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