Despite the US-China trade truce, the yellow metal remains the mirror of global fears and political fragility
Gold as a Safe Haven and Barometer of the World
Despite the recent US-China trade agreement, the price of gold remains steadily above €100 per gram.
According to the Unimpresa Research Center, the truce has only slightly eased demand without changing the structural forces supporting the precious metal: inflation, geopolitical tensions, and the fragility of global supply chains.
“Gold is a political asset before a financial one,” says Paolo Longobardi, President of Unimpresa.
“It rises when politics falters. It’s the most solid voice in a nation’s balance sheet.”
A Political Asset Before a Financial One
In recent years, gold has regained its role as a symbol of economic and political power.
The United States and Germany continue to hold gold as a strategic reserve, while China and Russia have been steadily increasing their holdings to reduce dependence on the US dollar.
Beijing’s decision to remove a domestic tax incentive is seen as a tactical move, not a signal of disengagement.
Italy’s 2,452 Tons of Stability
With 2,452 tons of gold reserves, Italy ranks fourth worldwide, after the United States, Germany, and France.
For the country, gold is more than a symbol — it acts as a barrier against currency and financial crises and strengthens international credibility.
In times of high public debt and shifting monetary policies, gold is Italy’s foundation of economic sovereignty.
Families and Investors Turn to Gold
Italian households are showing renewed interest in gold bars, coins, and gold-linked financial instruments as a prudential form of investment.
Their motivations are clear: protection against inflation and uncertainty in traditional financial markets.
Gold is a real, liquid, and universal asset — it does not yield regular returns but it never defaults.
Experts recommend including it as a balanced component of a diversified portfolio.
Why Gold Remains Above €100 per Gram
According to Unimpresa, the precious metal will remain stable above the €100 mark, sustained by three main structural factors:
- Widespread geopolitical uncertainty
- Persistent, moderate inflation
- Cautious monetary policies by major central banks
In a world where algorithms fluctuate and currencies lose credibility, gold remains the universal language of trust, a tangible reference point for investors, governments, and citizens alike.
Gold as a Political Signal
Gold’s performance in 2025 tells more than market charts — it reveals the emotional and political state of the planet.
From January to August, prices rose consistently, surpassing €110 per gram, showing a fragile confidence in the global economy caught between wars, elections, and trade tensions.
The current autumn slowdown does not alter the trend: above €100 per gram, gold has found a new stable floor, reflecting global mistrust toward international institutions and the fragile peace of economic diplomacy.
