Gold Hits $3,000 Amid Trade War and Economic Uncertainty

Reported about 16 hours ago

Gold surged to $3,000 on March 14, 2025, due to heightened economic uncertainties and an escalating trade war, with gold futures and spot prices exceeding $3,008 and $3,001 per ounce, respectively. The increase follows the U.S. administration's tariff threats and retaliatory measures from trade partners, causing a wave of demand for gold as a safe-haven asset. Analysts predict that further tensions could drive prices even higher, with estimates suggesting potential peaks of $3,500 by the third quarter.

Source: YAHOO

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