Gold prices appear to be on track to make history, with prices approaching levels unheard of in the past. Gold is inching towards the $4,000 per ounce mark in the international market, having risen by 50% so far in 2025.

Gold’s $1,000 Jump

Gold has gone parabolic in a short period of time. Gold price today is $3,965, up from $3,000 on April 1. The last $1,000 jump in gold prices has come in just about 210 days.

Between October 2009 and January 2024, gold rose from $1,000 to $2,000 over a period of nearly 15 years. However, it only took 14 months for it to increase by another $1,000, reaching the $3,000 milestone around March 14.

Peter Schiff, Chief Economist and Global Strategist at Europac, is of the view that gold prices will rise significantly.

In April 2024, Schiff on X said, “F

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