Reported about 17 hours ago
Gold prices surged past $2,900 to a record high on February 10, 2025, driven by increased tariff threats from President Trump, including 25% tariffs on steel and aluminum imports. Analysts from Wall Street remain bullish on gold as a safe haven investment, predicting an increase to $3,000 per ounce if current tariffs persist. Demand for gold has risen significantly, with central bank purchases escalating due to rising inflation and geopolitical tensions.
Source: YAHOO