Reported 2 days ago
Gold prices reached a record high of over $3,100 per ounce due to rising safe haven demand amid concerns over President Trump’s impending tariffs, which may escalate trade tensions globally. This surge marks an 18% increase for the year, with central bank purchases and geopolitical uncertainties contributing to the rally. Analysts have also raised price predictions for gold, with Goldman Sachs projecting it could hit $3,300 by the end of the year.
Source: YAHOO