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
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#goldrate #preciousmetals #mining
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Why Gold Is More Expensive Than Ever | So Expensive | Business Insider