Newstalk ZB: Tony Coleman on Why Gold Prices Are Rising

Amid worldwide economic turmoil, the price of gold has hit a record high this week, breaking through the US$3,000 per ounce mark. It’s currently up 15 per cent since the start of 2025.

Tony Coleman, Managing Director of New Zealand Gold Merchants, says gold has been accelerating in price since the start of the Covid-19 pandemic, and that Donald Trump’s second term as President has also helped push up its value.