Worried about tariffs? So is the gold market. Gold is hovering near record highs as investors seek safety amid growing concerns over potential US trade policies under President Donald Trump. According to Reuters, gold hit $2,954.69 an ounce, marking its tenth record high this year. The rally reflects mounting market anxiety over global trade tensions, inflationary pressures, and shifting economic policies.The renewed focus on tariffs has traders on edge, with fears that a tougher US stance on trade could disrupt global supply chains. Central banks, particularly in Asia, have steadily increased their gold reserves, adding further momentum to the rally. Meanwhile, inflation worries and expectations of interest rate moves in major economies are also shaping sentiment. With gold bulls firmly in control and demand for safe-haven assets showing no signs of easing, the big question remains: Is this the start of a longer-term trend?
.png)
