💨 Abstract

The gold price surged to over $5,000 an ounce for the first time, driven by global uncertainty and turmoil stemming from U.S. President Donald Trump's policies. This rise was fueled by trade tensions, a declining U.S. dollar, and geopolitical conflicts. Investors sought gold as a safe-haven asset, with demand also boosted by central bank purchases and inflation concerns.

Courtesy: AFP