Gold prices have reached an all-time high, briefly touching the $2,800 mark, as investors seek safe-haven assets amid ongoing tariff uncertainties. The surge is attributed to concerns over potential U.S. tariffs, prompting a rush toward gold as a protective measure against market volatility.
Analysts note that the current economic climate, characterized by trade tensions and policy unpredictability, has heightened gold's appeal. As a non-yielding asset, gold often benefits during periods of uncertainty, serving as a hedge against potential downturns in other markets. Investors are advised to monitor policy developments closely, as further tariff announcements could continue to influence gold prices.
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Gold is so malleable that a single ounce can be stretched into a wire over 50 miles long, demonstrating its exceptional ductility.
