Gold is up more than 40% in 2025, on pace for its best year since 1979

Gold prices (GC = F) rose to a new record on Monday, putting the precious metal at the pace of the largest annual gains in more than 45 years.

Golden futures rose to about 3,750 dollars, while immediate delivery alloys trading over $ 3700 an ounce.

The precious metal has increased by more than 40 % so far, which represents its best year since 1979, according to the research collected by the Carson Group.

Read more: How to invest in gold in 4 steps

The Gold’s Monster Run’s operation this year was partially driven by the expectations of the Federal Reserve Reduction, which started last week when political makers reduced interest rates by 25 basis points and pointed to two other discounts in 2025.

The weakest dollar also extends to the gold that is priced in the American currency. The dollar index (DX-Y.NYB), which measures greenery against the currency basket, decreased about 10 % so far.

The flows in the physically supported exchange funds (ETFS) reached the highest level in three years, while central banks continued to accumulate their valuable metal properties.

“And when they buy, they buy the size,” said John Stolzvos, the chief investment strategy in Openheimer.

The precious metal has greatly outperformed the S&P 500 (^GSPC) and even Bitcoin (BTC-Us), an increase of 13 % and 20 %, respectively, during the same period.

A survey of the management of the Bank of America funds in September last week showed that gold moved to second place from the most crowded deals, behind the shares of “amazing seven”.

However, when they were asked about its allocation to gold, 39 % of the fund managers included in the survey said that their current gold was the closest to 0 %. The average allocation was the most likely among all those who participated in the survey only 2.3 %.

Earlier this month, Goldman Sachs indicated that Gold’s Gold reflects “condemnation buyers who intensify purchases”, including ETF Holdings, speculation sites, and the demand for central banks after a seasonal summer calm.

The company repeated its target target of $ 4,000 per ounce in mid -2016.

Anas Ferry is a great business correspondent in Yahoo Financing. Follow it on X in Ins_Ferre.

Click here for an in -depth analysis of the latest stock news and events that move stock prices

Read the latest financial and commercial news from Yahoo Financing