Gold surges to a record above $3,400 as Trump threatens Fed independence
1. Gold prices hit a new record, reaching $3,400 on Monday. 2. President Trump's tariffs raise concerns, influencing gold's recent surge. 3. Gold has risen 29% this year amid declining confidence in the U.S. economy. 4. Citi anticipates gold could reach $3,500 in three months. 5. Inflation fears and central bank demand drive current gold prices.