Reported 4 days ago
Gold prices soared above $3,200 an ounce for the first time as investors flocked to safe assets due to rising concerns about the impact of tariffs on the global economy, especially following erratic messaging from President Trump regarding trade policies. The surge in gold is attributed to increased demand spurred by uncertainties in the market, with analysts emphasizing its position as a preferred investment in the face of potential recession.
Source: YAHOO