💨 Abstract

Gold reached a record high on Friday due to increasing concerns over global trade tensions and economic instability, with U.S. President Trump's fresh tariffs causing investors to seek safety in the safe-haven metal. Spot gold climbed 0.9% to $3,083.33 an ounce, up 2% this week and on track for a fourth consecutive weekly gain. Gold futures in the U.S. also rose 1%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖