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Current price of gold: May 21, 2025

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  Trends in gold prices could indicate whether the asset can protect against inflation. Here's a look at how the precious metal is doing today.

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On May 21, 2025, the price of gold reached a new high, trading at $2,350 per ounce, influenced by ongoing global economic uncertainties and increased demand for safe-haven investments. This surge reflects a broader trend of investors turning to gold amid fears of inflation and geopolitical tensions. Analysts suggest that the current economic climate, characterized by fluctuating stock markets and currency values, continues to bolster gold's appeal as a stable store of value. Financial experts recommend that investors consider diversifying their portfolios with gold to hedge against potential economic downturns.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-price-of-gold-05-21-2025/ ]