Gold has broken through $4,000 an ounce for the first time, and Nigel Green, CEO of deVere Group, says the rally underlines investors’ unease about debt, inflation, and policy direction — though questions are now emerging about how much further it can go.
The gold price hit a new all-time high on Friday, September 6, after topping $3,600 per troy ounce for the first time. It marks the continuation of an extended rally which has seen the gold price gain 36 per cent year-to-date, and 111 per cent over the past three years.
Gold’s price is erupting to historic highs today, and global financial advisory giant deVere Group is warning that Donald Trump’s latest tariff twist has just turned one of the world’s most stable financial markets into a “policy-driven minefield.”