Whenever economic or political uncertainty increases in the world, the eyes of investors first turn to gold. This is the reason why gold prices have been rising tremendously for some time now. In the month of February, the price of gold increased for the seventh consecutive month, which has happened for the first time in history. Earlier, the price of gold had increased continuously for a maximum of six months, but this time it has created a new record.
In the last seven months, the price of gold has increased by about 61 percent. That means on an average the price of gold has increased by about 9 percent every month. If we talk about the whole year, the price of gold has increased by about 20 percent so far this year.
Why is the price of gold increasing?
Experts say that due to increasing political tension, war and economic uncertainty in many parts of the world, investors are looking for safe investments. At such times, gold is considered the most reliable investment. Whenever risk increases in the global market, investors start withdrawing money from the stock market or other risky investments and investing it in gold. For this reason its price increases. Apart from this, Central Banks of many countries are also buying gold on a large scale, which has increased the demand and further strengthened the prices.
Gold rose by 265% in 5 years
Between 2020 and 2025, the price of gold has increased by approximately 265 percent. During this period, many countries of the world have increased the purchase of gold to strengthen their foreign exchange reserves. China has been at the forefront in buying gold. China officially purchased 357.1 tons of gold in the last five years. After this, Poland bought 314.6 tonnes of gold, Turkey bought 251.8 tonnes and India bought 245.3 tonnes of gold.
Some countries also sold gold
Although many countries increased the purchase of gold during this period, some countries also sold gold due to their economic needs. Philippines led the list, selling about 65 tonnes of gold. Apart from this, countries like Kazakhstan, Sri Lanka and Germany have also reduced their gold reserves.
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