With ongoing tariff wars negatively impacting the global economy, investors are turning to gold as a safe-haven, pushing its value to a record high. The precious metal, traditionally viewed as a refuge during financial uncertainty, has seen an unprecedented surge in demand. This could be attributed to the uncertainties created by the tariff disputes and its effect on other investment options. The inflow of investors seeking refuge in gold has created a bullish market, increasing its value to a record-breaking level shown in recent studies. The increasing value of gold is a clear sign of the anxiety level in the global financial market, making it a barometer of investors’ confidence. As long as the tariff wars continue and the uncertain global economic conditions persist, the value of gold is predicted to remain high. Read More
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