Understanding how much one ounce gold is worth has become increasingly important for investors and everyday users alike. Gold remains a key asset for hedging against inflation and currency fluctuations, especially as global economic uncertainty rises. This article explores the latest gold price trends, what influences its value, and how these changes impact both institutional and retail investors.
As of October 28, 2025, gold prices have experienced significant volatility. According to TradingView data, gold reached an all-time high of $4,381 per ounce last week before undergoing a sharp correction. In just one day, gold prices dropped 6%, erasing approximately $2.1 trillion in market value. Over the past week, gold has lost 8.4% of its value, with prices even dipping below $4,000 per ounce for the first time since October 13, 2025 (Source: TradingView, BeInCrypto).
This price action reflects a broader trend: global demand for gold is rising as investors seek safe-haven assets. Central banks are leading the charge, with 23 countries increasing their gold holdings in the first half of 2025. Notably, the Bank of Korea is considering buying gold for the first time since 2013, signaling a shift in reserve management strategy (Source: World Gold Council, October 2025).
The value of one ounce gold is shaped by several key factors:
Expert opinions remain divided. While some see the recent decline as a chance to accumulate gold, others warn of continued volatility. For example, economist Steve Hanke predicts a potential bull market peak at $6,000 per ounce, while analyst Rashad Hajiyev views the correction as a healthy reset before another rally.
Recent trends suggest a rotation from gold to digital assets like Bitcoin. As gold's rally shows signs of exhaustion, some investors are reallocating to higher-beta assets. Bitcoin, for instance, is currently trading at a 30% discount relative to its Nasdaq 100-implied fair value, according to ecoinometrics data (Source: CryptoSlate, October 2025).
This shift is partly driven by younger investors' preference for digital-native assets and the finite supply of cryptocurrencies. As liquidity seeks new opportunities, digital assets may attract capital previously allocated to gold.
For those interested in diversifying their portfolios, platforms like Bitget offer secure trading and investment solutions for both gold-backed tokens and cryptocurrencies. Bitget Wallet provides a user-friendly way to manage digital assets alongside traditional stores of value.
Many new investors believe that gold prices only move upward during times of crisis. However, as recent corrections show, gold can experience sharp declines even amid strong demand. It's essential to understand that:
Always stay informed with the latest data and use reputable platforms like Bitget for your trading and investment needs.
With central banks expected to buy up to 900 tonnes of gold in 2025 and ongoing macroeconomic uncertainty, the price of one ounce gold will likely remain a focal point for investors. Monitoring institutional activity, global economic indicators, and shifts in investor sentiment will be key to understanding future price movements.
For real-time updates and secure trading options, explore Bitget's comprehensive suite of tools and resources. Whether you're new to gold investing or looking to diversify into digital assets, Bitget offers the support and security you need.
Further Reading: Stay ahead of market trends and make informed decisions by following Bitget Wiki for the latest insights on gold, cryptocurrencies, and more.