Gold’s daily trading volume surged to nearly $361 billion in 2025, nearly triple its 2021 level and exceeding major financial assets like Treasury Bills and the Dow Jones. Despite volatility amid geopolitical tensions, the metal maintains its status as a leading safe haven, with analysts forecasting potential significant price increases in 2026.
Despite encountering bouts of major volatility, gold continues to boast a strong market identity. The asset leads the safe haven asset trail even as the US-Iran War rages ahead.
Gold has emerged as one of the most heavily traded assets in the world, beating leading market players. Per the latest update by the Kobeissi Letter, the average trading volume of gold tripled since 2021. It averaged approximately $361 billion per day in 2025.
Trading volume in gold now officially exceeds Treasury Bills at $186 billion and the Dow Jones Industrial Average. The data shows it also surpasses the EUR/GBP currency pair at $169 billion.
By comparison, the top three most traded U.S. stocks combined averaged far less daily volume. Apple, Nvidia, and Tesla together averaged approximately $26 billion per day in 2025.
Amid ongoing market dynamics, gold is now edging towards a new price target. Per Rashad Hajiyev, the gold price has high chances of hitting $7,000 in 2026.
Hajiyev stated, “I believe gold is going to recover its March losses throughout April with a potential breakout early in May.” He added that a bold price target of $8,000 is also being considered.
