Gold's Annual Gains Poised for Biggest Rise Since the Late 1970s

https://www.statista.com/chart/35372/annual-change-in-the-gold-price/

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As of late October 2025, gold is having a banner year—its best since the late 1970s. The price has rocketed past $4,000 per ounce, up more than 50% from where it ended last year. The last time we saw such a dramatic rise was in 1979, when gold prices exploded by over 130% during the oil crisis. Even in 2024, gold was already climbing, notching a 27% gain and echoing the surges seen before and after the global financial crisis from 2007 to 2010. Similar leaps happened in 1973 during the oil crisis (up 73%) and in years like 2020, 2002, and 1987, which each saw gains of about 24%.

So, what’s behind this year’s gold rush? For starters, the U.S. dollar has weakened, and the Federal Reserve has cut interest rates after hiking them quickly in 2022 and 2023. Gold’s reputation as a safe haven continues to draw investors, especially when the world feels uncertain. While 2024 and 2025 haven’t brought a single, massive global crisis, there’s been a steady stream of geopolitical tension, economic instability, and more countries putting up trade barriers. All this uncertainty has made gold even more attractive. On top of that, political unrest and dissatisfaction in several countries have added to the sense of unease.

Analysts say central banks in developing countries are buying more gold than ever, which is pushing demand even higher. Looking ahead to 2026, experts expect gold to stick above $4,000 per ounce, and some even think it could get close to $5,000. While annual returns might not always show how wild gold prices can swing, the big picture is clear: over the last 50 years, gold has averaged an 8% annual return, beating U.S. inflation, which hovered around 4%.

Disclaimer: This article is for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results. Please consult a financial professional before making any investment decisions.

Source:

https://www.statista.com/chart/35372/annual-change-in-the-gold-price/

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