Gold reached a record high as investors rushed to protect their assets. Uncertainty in global markets pushed traders toward the precious metal. Market volatility increased after Trump’s announcement of heavy tariffs on major economies. The demand for gold surged as traders feared the impact of a global trade war. The uncertain economic conditions and potential recession risks have strengthened gold’s appeal. Many analysts expect gold prices to continue rising if market uncertainty persists. Gold has historically been a preferred asset during financial instability. The global economic outlook remains uncertain with investors focusing on alternative assets. Traders are now shifting their strategies as geopolitical risks grow.
