Gold is a better bet than Treasurys to weather the market storm, says BlackRock strategist
1. Gold prices reached a record high of $3,200 per ounce. 2. Trump's tariffs contribute to market turmoil and weaken U.S. Treasuries. 3. BlackRock claims gold is superior to Treasuries during high debt conditions. 4. UBS raises gold price forecast to $3,500 for 2025 amid inflation fears. 5. Investors are flocking to gold as a safe-haven asset.