Gold prices have soared to record levels, driven by escalating pressure on the Federal Reserve, a weakened U.S. Treasury market, and rising global uncertainties. Goldman Sachs now predicts gold could reach $5,000 if certain conditions are met. This follows a year of impressive gains for the precious metal, exceeding a 40% rise in price since last year. Experts attribute this surge to expanding decentralized finance (DeFi) applications, institutional investment, and Trump’s influence on financial markets. While concerns about the Fed’s independence have added fuel to the fire, central banks around the world are diversifying their reserves away from the US dollar. This shift has seen gold become a preferred safe haven for investors seeking protection against volatility.