Why Gold and Bitcoin Are Soaring to New All-Time Highs in 2025

 

Gold and Bitcoin Smash Records in 2025 as Investors Seek Safe Havens

Gold and bitcoin have both hit record highs in recent weeks as investors flock to alternative assets amid global uncertainty and U.S. political turmoil.

Gold surged past $3,900 per troy ounce (around IDR 65 million), marking its strongest rally since the 1970s, with prices up more than 50% since January. Meanwhile, bitcoin reached a new all-time high of $125,000 (IDR 2 billion) before a minor pullback.

Analysts attribute the surge to a mix of economic uncertainty, U.S. government shutdown concerns, and geopolitical tensions in Ukraine and Gaza. Weakened confidence in the U.S. dollar and Japanese yen has also boosted demand for gold as the world’s preferred safe-haven asset.

Rising central bank gold purchases and renewed inflows into gold-backed ETFs have further fueled the rally. Hedge funds now hold a record $73 billion in gold, according to CFTC data.

Bitcoin’s rally, on the other hand, is driven by Donald Trump’s re-election, his pro-crypto stance, and growing institutional investment. Expectations of interest rate cuts and the ongoing U.S. government shutdown have strengthened bitcoin’s appeal as an alternative store of value.

Experts believe the momentum could continue. HSBC projects gold could exceed $4,000 per ounce by 2026, while Standard Chartered expects bitcoin to reach $135,000 soon if current conditions persist.