Gold prices have increased exponentially over the last couple of years, but in recent weeks, things have been a bit more volatile. Case in point: In early April, gold was averaging around $3,140 per ounce. Less than a week later, it had dropped to $2,976, only to near $3,200 within days.

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Gold prices soar to inflation-adjusted highs not seen since 1980 amid echoes of geopolitical chaos and economic uncertainty; here's where it could be headed

Gold prices have surged to record highs, driven by global economic anxieties and volatile financial markets. Shifting tariff policies and a weakening US dollar are fueling investor worries, prompting diversification into gold.

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