Reported about 9 hours ago
Gold prices soared to a new record above $3,275 an ounce due to growing demand for safe-haven assets as trade tensions escalate, particularly following President Trump's recent investigations into tariffs on critical minerals. With fears of a global recession driving investors away from equities, gold has surged over 20% this year. Analysts predict continued bullish momentum for gold, with expectations it could reach $4,000 by mid-2026 as central banks and investors increase their gold holdings.
Source: YAHOO