It's been a banner year for gold. In March, the precious metal's price crossed the $3,000 per ounce mark for the first time in history — and the upward price trajectory didn't stop there. The price of gold has continued to climb in the time since, surging past the $3,300 per ounce mark this week.

Gold prices pulled back from a record high on Thursday as investors booked profits following a rally driven by concerns around U.S. President Donald Trump's latest wave of tariff policies. Spot gold was down 0.

Gold prices have seen a remarkable surge over the past four years. In April 2021, the MCX gold rate hovered around ₹47,000 per 10 grams. On April 17, 2025, the gold price hit a historic high of ₹95,935 per 10 grams — marking a robust 104% increase.

Goldman Sachs thinks gold could reach $3,700 an ounce by the end of 2025 because the metal was "uniquely positioned to hedge recession risk."

Gold price hits $3,317 amid tariff turmoil, spurring gold stockpiling and split Bitcoin forecasts from top financial experts.