Gold Prices Surpass Inflation-Adjusted Peak Amid Economic Concerns

According to BlockBeats, gold prices have exceeded the inflation-adjusted peak from 45 years ago, as concerns over the U.S. economic outlook intensify. This marks a continuation of the strong bull market for gold over the past three years, pushing it into uncharted territory. Spot gold prices have risen approximately 5% this month, reaching a record high of $3,674.27 on Tuesday. Since 2025, gold has set over 30 nominal price records, with the latest surge surpassing the inflation-adjusted high set on January 21, 1980, when gold reached $850 per ounce. Taking into account decades of consumer price increases, this price is equivalent to about $3,590, although different methods of inflation adjustment may yield a lower 1980 peak. Analysts and investors agree that gold has now firmly surpassed this level, reinforcing its status as a timeless tool for hedging against inflation and currency depreciation.