💨 Abstract

Gold prices hit a record high on Friday due to increased fears of a global trade war intensifying, prompting investors to seek safe-haven assets. The precious metal surged to $3,077.44 an ounce, driven by uncertainty surrounding tariffs, potential interest rate cuts, geopolitical conflicts, and central bank buying. Analysts predict gold prices could reach $3,100/oz. The surge comes as U.S.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖