💨 Abstract

Gold prices have surged to record highs, reaching $2,942.70 per ounce, driven by economic uncertainty caused by U.S. import tariffs. This surge follows a strong performance in 2024, with gold gaining its biggest annual increase in 14 years. Gold's appeal as a haven from risk has been strengthened by President Donald Trump's tariffs, despite the potential for sparking a trade war.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖