As of 10:05 Astana time, a troy ounce of the precious metal was trading at $4,051.80 (+0.36%). By 10:15, the price rose further to $4,052.70 (+0.38%).
According to BBC, gold prices have surged more than 50% since the beginning of 2025, while bullion has gained over 20% in just the past two months.
Experts attribute this sharp rise to investors’ concerns over rising inflation and debt levels, prompting them to move funds into precious metals. Central banks have also been buying gold to diversify their assets.
It’s worth noting that on October 6, gold reached an unprecedented all-time high.
