Amid worldwide economic turmoil, the price of gold has hit a record high this week.

It's broken through the US$3000 per ounce mark - and is currently up 15 percent since the start of 2025.

Tony Coleman from New Zealand Gold Merchants says gold's been accelerating in price since the start of the Covid-19 pandemic - and Trump's second term as President has also helped push up the value. 

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