💨 Abstract
Gold prices are reaching record highs due to economic uncertainty and investors seeking safe havens for their money, as announced tariffs by US President Donald Trump roil financial markets and threaten inflation. The International Monetary Fund has reported a significant worsening of global economies, including the U.S., due to Trump's tariffs and the uncertainty they create. As a result, the price of New York spot gold reached a record $3,424.24
Courtesy: wtop.com
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