Why Gold Is More Expensive Than Ever

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Why Gold Is More Expensive Than Ever Gold is the most expensive it's ever been. On September 2, 2025, the precious metal hit $3,508.50 per ounce. And this isn’t the first time — its price has hit record highs several times this year. The high price is prompting more people to invest in gold — buying it from Costco, selling jewelry, and extracting it from electronic waste. But this modern-day gold rush is also leading to consequences in Africa's gold-rich nations. In Liberia, foreign mining companies have moved in to extract the resource to meet the growing demand, but are leaving local communities to deal with the fallout, from polluted waterways to damaged land. 00:00 - Intro 01:03 - Gold's History 01:59 - Gold as an Investment 03:32 - Modern 'Gold Rush' 05:56 - Gold Extraction in Liberia 08:25 - Environmental Impacts of Gold Mining 12:11- Lasting Effects on Gold-Rich Communities 13:01 - How Liberia's Government is Responding 15:06 - Credits ------------------------------------------------------ #goldrate #preciousmetals #mining MORE SO EXPENSIVE VIDEOS: Why Pantone Colors Are So Expensive Why Norland Nannies Are So Expensive Why Nintendo Is More Expensive Than Ever Now Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit our homepage for the top stories of the day: Business Insider on Facebook: Business Insider on Instagram: Business Insider on Twitter: Business Insider on Snapchat: Business Insider on TikTok: Why Gold Is More Expensive Th
  2025/09/05      youtube

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