The Golden Age of Gold: Astonishing Price Surge Shakes Global Markets
The global gold market is witnessing a sharp and continuous rise, with prices reaching new historical levels in both US dollars and euros. According to data from the websites finanzen.at and gold.de dated October 21, 2025, the price of one ounce of gold reached $4,342.52 and €3,731.48 respectively.
In just the past week, gold prices in US dollars jumped by 5.2%, while the increase over the past three months was 28.3%. Year-on-year, the value of gold has risen by 60.2%. In euros, the increase was close to that — the price rose by 48.96% over one year, and by 131.9% over the last five years, according to gold.de.
This astonishing rise confirms the continuation of the long-term upward trend of gold. Since the 1980s, when the price of an ounce was around 160 euros, its value has increased by about 2,236% to reach nearly 3,750 euros today.
Similarly, the price of gold in US dollars increased by 1.355% during the same period, according to finanzen.at. This trend reflects the growing interest of investors in gold as a safe haven against inflation, economic instability, and geopolitical tensions.
With ongoing market volatility and uncertainty surrounding the global economy, analysts expect the historic upward momentum of gold to continue in the coming months.