Gold recently surpassed a historical record of $4,056 per ounce. This came after an exponential rise over the past 50 days, during which the commodity’s price increased by 23%. Year-over-year, precious metal has risen by 56% according to TradingView data, and over the past five years, it has gained up to 113%.

Gold rises like never before

Such performance is unusual for the precious metal, as gold is traditionally considered a safe haven rather than a high-momentum asset. The recent dynamics of gold resemble stock movements more closely, with its growth surpassing even the largest stock indices.

In fact, in the last month, precious metal significantly outperformed Bitcoin, which is usually associated with high volatility and sharp gains. This performance highlights gold’s strength as an investment, capable of delivering substantial appreciation even when traditional assets lag behind.

Where to trade gold?

You can conveniently trade gold on the XTB platform, which offers various forms of investing with a simple interface and low fees.

• ETFs – Track precious metal prices via exchange-traded funds without the need to hold physical gold.
• Gold mining stocks – Invest in companies engaged in mining and processing.

XTB registration

Trend could reverse soon

After significant gains in recent months, precious metal is starting to move at levels that historically signaled potential corrections. According to expert Mike McGlone from Bloomberg Intelligence, the metal is approximately 18% above its 100-day moving average, a situation similar to when it surpassed $2,000 in 2020 or $3,000 earlier this year.

Gold’s Bull Market Looks Stretched, With Implications – Gold, approaching 18% above its 100-day moving average, is getting as extended as when it first traded at $2,000 an ounce in 2020 and $3,000 in April. Indicating an accelerating upward trajectory, $2,000 marked a ceiling for… pic.twitter.com/UYxTJANtwx

— Mike McGlone (@mikemcglone11) October 4, 2025

The rapid rise of precious metal has reached the upper boundaries of the so-called reversal envelope at $4,000, significantly above the $3,430 average. In past cycles, these levels often preceded sharp corrections or consolidation periods. Despite technical warnings, most analysts on Wall Street expect further gold growth.

Considering the combination of historical patterns and current fundamental demand, the precious metal appears to have high growth potential, but investors should anticipate volatility and prepare for possible short-term corrections.

Trade gold