The price of gold has reached new highs in recent days. On March 14, 2025, for the first time ever, the price rose to more than USD 3,000 per ounce, driven by economic and geopolitical uncertainties.
Reasons for the increase
Several factors are driving the demand for gold:
What happens next?
Experts predict that the price of gold could continue to rise. Analysts consider USD 3,200 per ounce to be a realistic target in the coming months.
Gold thus remains an attractive hedge against economic and political risks. Anyone considering an investment should monitor market developments closely. We at SINCONA TRADING AG are always at your side with our expertise.
SINCONA TRADING AG is an independent private Swiss company in a prime location in the centre of Zurich. We specialise in the physical trade in gold and precious metals and the secure and discreet storage of your valuables in our safe deposit boxes which are independent of the banking system.
As a sister company of the well-known, internationally renowned Swiss coin auction house, SINCONA Swiss International Coin Auction AG, we have precious metals and the trade in precious metals in our blood and will be pleased to help you to buy or sell gold and other precious metals simply and discreetly. Centrally located on the banks of the delightful river Limmat in a building which was formerly a branch of a major Zurich bank, we offer discreet, secure storage of your assets and important documents in our high security vault, outside the banking system.
We are pleased to be able to accept the cryptocurrencies Bitcoin (BTC) and Ether (ETH) as a means of payment for safe deposit box rentals in collaboration with Bitcoin Suisse AG (Zug, Switzerland) with immediate effect.
We are happy to provide further information on this type of payment.