Gold prices surged to an all-time high driven by escalating trade war tensions and a weakening U.S. dollar. Investors are flocking to gold as a safe-haven asset amid uncertainties caused by President Trump’s tariff policies. Analysts suggest that global trade conflicts and the declining value of the dollar are primary factors fueling the rise in gold prices. Wall Street experts predict that gold still has room to grow, citing ongoing geopolitical risks and economic volatility. This trend reflects investor sentiment favoring precious metals during periods of economic uncertainty.
— new from Reuters