Gold Prices Stabilize Near Record as Trade Tensions Rise

Reported 2 days ago

Gold remains just below its record high of $2,935 per ounce, bolstered by new tariff threats from President Trump and escalating geopolitical tensions. Despite a recent rally, demand for the precious metal continues, spurred by central bank purchases and market uncertainty. Goldman Sachs has raised its year-end gold price forecast to $3,100, even suggesting it could go as high as $3,300 amid ongoing trade and economic policy concerns.

Source: YAHOO

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