Gold is now more expensive than ever—people are paying over $3,400 for just one ounce! This is happening because many people around the world are worried about money and want to buy something safe that will keep its value. Gold is one of those safe things.
Right now, there are some big problems between countries like the United States and China, which is making people nervous. Also, the U.S. dollar (the money we use) isn’t worth as much as it was before, so people in other countries want to buy gold instead.
President Donald Trump has also made some big decisions, like adding extra taxes (called tariffs) on trade and criticizing the person in charge of the country’s money system. These actions are making the economy feel even more unstable.
There are also wars happening in places like Ukraine, and people are worried about prices of things going up too fast (a problem called stagflation). All of this makes gold even more popular.
Experts think that if these problems keep happening, gold could become even more valuable in the future.