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Current price of gold: May 22, 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 22, 2025, the price of gold reached a new record high of $2,400 per ounce, driven by a combination of factors including global economic uncertainty, inflation concerns, and increased demand from central banks and investors seeking safe-haven assets. The article highlights that this surge in gold prices reflects broader market trends, with investors turning to gold as a hedge against potential economic downturns and currency fluctuations. Additionally, geopolitical tensions and ongoing supply chain disruptions have further bolstered gold's appeal as a stable investment. The piece also notes that while gold prices are expected to remain volatile, the long-term outlook remains positive, with experts predicting continued growth in demand for the precious metal.

Read the Full Fortune Article at:
[ https://fortune.com/article/current-price-of-gold-05-22-2025/ ]