Gold Smashes $5,000 as Global Uncertainty Fuels Historic Rally. The price of gold has surged past five thousand dollars an ounce for the first time ever, capping a historic rally that saw the precious metal rise more than sixty percent in 2025. Investors are piling into gold as tensions grow between the United States and NATO over Greenland while markets remain_attach uneasy about President Donald Trump's trade threats, including a proposed one-hundred-percent tariff on Canada. Gold's rise has also been driven by stubborn inflation, a weaker US dollar, heavy buying by central banks, and expectations that the Federal Reserve will cut interest rates again this year. Silver has joined the surge, breaking one hundred dollars an ounce, while wars in Ukraine and Gaza have added to demand for safe-haven assets. Analysts say gold's appeal lies in its scarcity and independence from debt-based assets making it a powerful hedge in an increasingly uncertain world—even as some warn the rally remains highly news-driven and volatile.