Gold Price Hits Record High Amid Global Market Uncertainty
Gold has officially reached a new all-time high, breaking above the $3,296 level as seen in the latest data from GoldPrice.org.
This surge marks a continuation of the strong bullish momentum that has carried the precious metal higher throughout 2025.
The rally gained serious traction in mid-March, following a brief pullback that found strong support just above the $2,900 level. Since then, buyers have dominated, pushing gold past previous resistance zones with conviction and volume.
Key Levels to Watch
- Immediate Support: $3,200 – This psychological level now acts as a critical near-term support. If bulls hold above it, momentum could continue.
- Strong Intermediate Support: $3,000 – A major inflection zone where prior resistance turned into solid support. Any retracement into this zone could present a buying opportunity.
- All-Time High / Resistance: $3,294.89 – The new peak now becomes the level to beat. A breakout above this could open the door toward $3,400 and beyond.
- Trend Support: $2,850–$2,900 – This zone supported the last consolidation and remains a key level to maintain the broader uptrend.
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Market Context
This breakout reflects growing concerns over inflation persistence, geopolitical instability, and central bank gold purchases, all of which are driving investors toward safe-haven assets. With uncertainty looming and rate cuts potentially on the horizon, gold may still have room to run.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a "detective-like" mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
