Gold has experienced a significant surge in 2025, reaching record highs driven by safe-haven demand amid geopolitical tensions and economic uncertainty. Investors have been drawn to the metal, with prices climbing from around $2,625 to over $4,500 per ounce. This rally is partly attributed to central banks, particularly in emerging markets, diversifying reserves away from the U.S. dollar and increasing gold holdings. Silver and platinum have also seen record highs, reflecting broad investor interest in hard assets.