BACK TO WORK AND BACK TO GOLD

The end of summer always brings with it a change of mindset: we leave behind the days of beach and leisure time to return to our work and financial routines. But in 2025, this return comes not only with backpacks full of memories, but also with a key question: where to protect our savings in an autumn that is shaping up to be uncertain? More and more Spaniards, and especially residents of Barcelona, are finding the answer in physical gold, a safe haven asset experiencing a historic moment.

 

During the first quarter of 2025, gold surpassed historic highs, reaching 96 €/gram, but is currently hovering around 92 €/gram. This slight correction was expected and is even healthy for recalibrating volatility. Gold has been very bullish since the beginning of 2024, confirming its positive performance in the current macroeconomic scenario of significant trade and military tensions.

 

At Calabria Oro, we have noticed an increase in demand for both the purchase and sale of gold pieces, reflecting the growing interest of Barcelona residents in safeguarding or mobilizing their capital.

 

The gold boom is no coincidence. Among the main factors are:

• Geopolitical tensions: the trade rivalry between the US and China continues to generate uncertainty in the markets.
• Uncertain monetary policies: central banks are hesitating between raising or lowering interest rates, and this generates instability in currencies.
• Stock market volatility: equity markets are experiencing falls and spikes in volatility that scare away small savers.

 

In this context, gold appears to be a tangible, stable, and universal asset.

 

According to recent data, Spaniards spent an average of 1,150 € per person on vacation this summer. Upon returning, many find themselves needing to reorganize their finances.

 

In Barcelona, we detected a clear pattern:

• Some clients decide to sell jewelry or old gold pieces to regain cash after summer expenses.
• Others, however, choose to invest in physical gold (bars or coins), seeking stability for the fall.

 

Both movements reinforce the importance of gold as a financial ally.

 

At Calabria Oro, located in the heart of Barcelona, we receive daily clients seeking advice on gold. The profiles are diverse: from families selling inherited jewelry to face the return to school, to small investors who buy bars as a protective measure.

 

Our advice for those starting out: investing in small amounts of physical gold is an affordable way to enter this market and diversify savings.

 

Although cryptocurrencies and stock markets attract many investors for their potential returns, their volatility makes them risky assets.

 

On the other hand, gold:

 

• Does not depend on central banks or governments.
• Maintains its value throughout history.
• Is liquid and universal: it can be sold anywhere in the world.

 

Therefore, in times of economic turbulence, physical gold reaffirms itself as the safe haven asset par excellence.

 

The return to work this September not only brings full agendas and work schedules, but also a renewed financial awareness. In an environment marked by global uncertainty, physical gold is positioned as one of the best options for protecting savings and maintaining peace of mind.

 

At Calabria Oro Barcelona, we are prepared to advise both those who want to sell their jewelry and those looking to invest in gold safely. Because, after all, perhaps this fall the best decision is not only to return to work, but also to return to gold.