💨 Abstract

Gold prices reached a new high of $3,040 per ounce on Wednesday, surpassing the psychologically significant $3,000 mark, due to rising Middle East tensions, trade uncertainties, and the U.S. President's tariff plans. This rapid increase, from $2,500 to $3,000 in just 210 days, is faster than historical trends.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖