Gold is the world’s oldest means of exchange and store of value. Gold’s rally began in 1999 and reached a new record high above the 1980 $875 per ounce level in 2008. Since then, gold has reached higher highs, trading near $4,350 per ounce, five times its 1980 peak. In 2025, at $4,350, gold appreciated by over 64.7%, which is a significant commentary on money’s purchasing power, as gold is the ultimate means of exchange. More News from Barchart Why is gold so critical? Gold’s role in the global financ ...