Gold prices soar amid US-China trade tensions
Gold is having a big moment this October 2025, with prices jumping to $4,309.63 per ounce—just shy of all-time highs.
The surge comes as investors look for safety amid growing trade disputes between the US and China and lots of economic uncertainty.
Why does gold matter?
When global politics and economies get shaky, gold becomes the go-to safe haven.
For anyone investing or just watching their savings, these high prices signal that people are worried about inflation, interest rates, and what's next for the world economy.
What does this mean for the global economy?
It's a mix of things: tougher US tariffs on China, slower growth in China's economy, and central banks stocking up on gold.
Plus, warnings from groups like the IMF about slow global growth are making investors even more eager to park their money somewhere stable—like gold.