It is turning into gold’s best year in decades. Bullion has hit a series of record highs in 2025, putting it firmly on track for its strongest annual performance since 1979, when revolution in Tehran rocked the global economy.Why is gold in such demand?The short answer is that gold is acting as a haven and a store of value, a role it’s played for thousands of years, since the kingdom of Lydia started churning out gold coins in the sixth century BC. Investors can be a jumpy lot, and there are plenty of reaso ...