Gold surges 67% in 15 months, climbing from $1,985 to a record $3,323

Key Takeaways

Gold hit its trough at $1,985/oz in February 2024, marking the low before an uninterrupted rally.
After a spring consolidation, gold surged past $2,500/oz in September 2024 (peaking then at $2,546), signaling broadening investor demand.
The metal first cracked the $3,000/oz threshold in March 2025 when it reached $3,026, underscoring accelerating momentum.
That rally culminated in a new record of $3,323/oz in April 2025, a 67.5% gain from the February 2024 low.

After languishing around $2,000/oz in early 2024, with a pronounced dip to $1,985 in February, gold began a steady climb that carried it across major psychological and technical thresholds. By mid‑September 2024, it had shattered the $2,500 level (touching $2,546), fueled by geopolitical jitters and inflation fears.

This momentum only intensified into 2025, propelling the price beyond $3,000/oz for the first time in March at $3,026, before ultimately peaking at an all‑time high of $3,323 in April 2025, a remarkable 67.5% advance from the prior year’s low. This trajectory charts gold’s transformation from post‑holiday doldrums to historic highs in just 14 months.

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Period:

2025

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