Why Did Gold Prices Surge To a Record This Week?
1. Gold futures surpassed $3,000 amid economic anxiety and tariff fears. 2. Fear of stagflation drives investors to gold and U.S. Treasurys. 3. Gold prices increased nearly 4% as stocks hit a two-year low. 4. Declining Treasury yields make gold more attractive despite no yield. 5. Heightened uncertainty boosts gold as a reliable store of value.