Gold Price Hits $3000 as US Consumer Sentiment Sinks on ‘Trump Uncertainty’ – BullionVault

Fri, 14 Mar 2025

The gold price has reached an unexpected height as it hits a record of $3000 per ounce. This increase came amidst the sinking US consumer sentiment, which has been largely attributed to the ‘Trump Uncertainty’.

The uncertain economic situation, caused by the unpredictability of Trump’s economic measures, has shaken the faith of the US consumer market. Savvy investors are increasingly seeking refuge in gold, hence driving the price higher.

Gold has always been considered a safe haven during turbulent times, with its price typically increasing amidst economic uncertainty. With ongoing fluctuations in global politics and economies, the price of gold is showing positive growth.

With this unprecedented rise in gold price, investors are advised to keep a vigilant eye on the market trends. Despite the gloomy consumer sentiment, this could potentially create an opportunity for individuals and organizations looking for lucrative investments. Read More