Gold Hits New Record: Trump's Tariffs, Inflation Fears Drive Safe Haven Surge
1. Gold hit a record high, rising to $2,938 per ounce. 2. Gold's value has surged 44% over the past year, outperforming S&P 500. 3. Trump's tariffs are driving gold's rally, increasing safe-haven investments. 4. Central banks purchased over 1,000 tonnes of gold in 2024. 5. Market expects gold to reach $3,000, boosting investment in precious metals.