Gold Hits Sky-high Levels Amidst Heavy Tariff Threats, Proves Its Worth as Safe-Haven Asset

The price of gold soared to a record high on Thursday as a tense global economic atmosphere stoked a surge in demand for the safe-haven commodity. The precious metal’s value skyrocketed in response to potential tariff threats suspected to be imminent. Investors, nervous about the unpredictable economic circumstances, swiftly transferred their assets into gold, favoring its stability. The extraordinary shift in the gold market underscores the concern among business and share traders about the potential fallout from the current tariff uncertainties. This unprecedented surge to a record high emphasizes the significance of gold as a reliable refuge during the stormy times. Read More