Gold Eyes $3,000: Solomon Global Reveals Key Factors Behind Historic Bull Run

Solomon Global United Kingdom United States of America New York

(published February 5th,  2025) highlighted that gold demand hit a new record in 2024 and that central banks 'continued to hoover up gold at an eye-watering pace.'

Trump's aggressive trade tariffs – including his latest announced incoming tariffs on imports of aluminium and steel - are exacerbating fears of a global trade war, re-igniting inflation concerns, and causing economic jitters across the board, prompting investors to seek refuge in safe-haven assets like gold. Additionally, mounting government debt, supply chain disruptions, and weakening consumer confidence are weighing on global markets. Concerns over a potential global recession and corporate earnings slowdowns are amplifying uncertainty, driving investors toward gold as a hedge against economic turbulence.

The US President didn't resolve the Ukraine-Russia conflict within 24 hours of returning to the White House, and the Kremlin is reported to dispute Trump's claim that current peace talks are progressing. With Ukraine escalating its attacks inside Russia's Kursk region, the situation remains complex and unpredictable.

"The current surge in gold prices and demand underscores the profound uncertainty gripping individual investors and global markets," said Paul Williams, managing director at Solomon Global. "This doesn't look like a short-lived rally —it's a response to entrenched geopolitical tensions, economic fragility, and shifting global power dynamics. As volatility escalates, gold remains the ultimate hedge, offering stability in an increasingly unpredictable world. Considering these factors, the $3,000 milestone looks feasible in the next few weeks, and if gold was to make the same gains as it has over the last 12 months, we're looking at $4250 this time next year."

As geopolitical tensions remain high and macroeconomic risks continue to mount, Solomon Global anticipates that gold's bullish momentum will persist.

For more information about Solomon Global's products and services, visit the website at https://solomon-global.com.

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NOTES TO EDITORS

About Solomon Global

Solomon Global specialises in supplying LBMA-approved gold and silver bars and coins that can be delivered directly to customers' doors. The company takes a uniquely consultative approach to purchasing and selling physical gold and silver, regardless of the investment amount. Its simple and tailored strategy is designed to work with beginners and experienced investors alike.

Solomon Global's team of experienced professionals is always available to provide practical solutions for clients - including products that are exempt from Capital Gains Tax - and assist with any inquiries.

For any questions about buying or selling gold and silver, contact the team here: https://solomon-global.com/contact/ 

For further press information, please contact: Francesca De Franco on 0794 125 3135 or email [e-mail] 

[1]A low of $1986.58 was reached on February 14th, 2024 – source: https://www.royalmint.com/gold-price/  

[i] Disclaimer: This press release is for informational purposes only and does not constitute financial advice. Buying physical gold as an investment involves risk, as the value of precious metal prices can be volatile. Historical financial performance does not necessarily give a guide of future financial performance. We recommend that you conduct your own independent research and seek professional tax, legal and financial advice before making any investment decisions.

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