Recently, gold has taken center stage in the financial world, breaking new all-time records. On Tuesday, global bullion spot prices touched $3,221.70 per ounce—rising by 0.4%. The day prior, gold set an all-time high at $3,245.42. US gold futures followed suit, climbing to $3,237.60. This sustained growth in gold’s value comes against the backdrop of mounting uncertainty about US trade policy under President Trump's administration and the shifting momentum of major financial indices.
As global trade tensions intensify, gold prices have reached their highest level in nearly a week. Recent developments on the international stage once again highlight gold’s role as one of the most reliable assets in times of economic and geopolitical uncertainty.
On Friday, gold prices reached record levels against a backdrop of global economic challenges. Rising trade tensions, uncertainty regarding U.S. tariff policies, and growing expectations of a shift in the Federal Reserve's monetary stance have all contributed to gold’s performance as a safe haven.
The global precious metals market has seen notable changes. On Friday, gold futures for February delivery traded lower on the COMEX exchange, a division of the New York Mercantile Exchange. According to recent data, their price dropped by 0.24%, reaching $2,744.24 per troy ounce. This development has drawn attention from professionals and experts in the precious metals sector.
