Gold Hits Record High, Approaches $3,000 Mark

Reported about 12 hours ago

Gold reached a record high as concerns over U.S. tariffs and trade tensions drive prices up, nearing the $3,000 milestone. Spot gold traded at $2,983.78, following a peak of $2,990.09. Market strategies indicate a growing trend of investors gravitating towards gold as a safe haven amid rising geopolitical fears and anticipated monetary policy changes from the Federal Reserve. Gold is traditionally seen as a hedge against inflation and political instability.

Source: YAHOO

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